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Lloyd's broker placed into administration.

Europe Intelligence Wire

| April 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Insurance Day)

Byline: Charlie Talbot

LLOYD'S brokers Collard & Partners Limited has entered administration, writes Charlie Talbot, London. After an intervention order from the General Insurance Standards Council (GISC), accountancy firm Moore Stephens has announced that partners Philip Sykes and Jeremy Wilmott have been appointed as administrators.

The sale, based on net profits over the next five years, could raise as much as GBP1.25m ...

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