Mark Holborow, Vincent Green and Steven Edwards, of Crowe U.K. LLP, were named joint administrators on 17 July.
The Financial Conduct Authority said in a statement: “Having considered the firm’s financial position, its directors made a decision to place it into administration and on 17 July 2023, Mark Holborow, Vincent Green and Steven Edwards, all of Crowe U.K. LLP were appointed as joint administrators.”
The Northamptonshire-based firm’s contact centre remains operational and will be overseen by the joint administrators.
The Financial Conduct Authority added: “If you bought your insurance through MCE Insurance Limited, they acted as your insurance broker and you are insured by Sabre Insurance Company Limited…Sabre Insurance are not affected by this administration and your policy is still in force.”
