Enterprise Insurance, a Gibraltar-based company with 14,000 Irish customers, has gone into liquidation. Any policyholder who has concerns about their policy should contact their broker in the first instance,” the Central Bank said. “Motor insurance policyholders in Ireland, who bought insurance through the broker network, may be affected. The Irish Central Bank was notified by the Gibraltar Financial Services Commission (GFSC) yesterday that it was taking steps to issue winding up proceedings against Enterprise, as the insurance company was deemed to be insolvent and unable to secure additional funding. The company sold motor insurance across Europe, including within Ireland.

Source: The Times July 22, 2016 23:03 UTC