The Channel logo

back to article 'Petrified' insurers slam wallets shut as more resellers go titsup

The small sequential rise in reseller insolvencies in Q3 - in line with seasonality - will do nothing to calm credit insurers' general uneasiness about the IT sector. Data from credit reference agency Graydon UK, shows 75 channel firms bit the dust during the summer quarter, up from 64 in Q2 but dramatically lower than the 93 of …


This topic is closed for new posts.
Silver badge

breaking news

"Insurers finding more flimsy excuses to refuse payout and up premiums"


devils maybe...but they do provide security..

Insurers pay out only on a successful claim, where cover is granted and where the insured followed their own credit policy requirements. Like all insurers, they up premiums when the gap between claims paid to premium income generated narrows or where the insured has acted irresponsibly or made too many claims.

In fairness, insurers pay out a hell of a lot...all one needs do is look at their financial statements.

This topic is closed for new posts.



George Osborne, photo: HM Treasury
shutterstock_183801788_container ship

Chris Mellor

The SAN growth glory days are well and truly over, so where next?

Tom Whipp

Insurance industry insider tells all
Crypto fingers


Michael Dell. Pic by Joi Ito
Cool Texas dude is just your average billionaire
The Seeing Eye by Valerie Everett, Flickr, CC2.0
Follow the money – or, at least, our projections
Boats storm girl photo via Nikolina Mrakovic
The puppets from Team America: World Police gather at a bar for drinks.