From the administrators' statement

2.1 Events prior to the Administration Phoenix Insurance Management Ltd (“PIML”) was formed in August 2007.

The company is owned jointly by Peter Turner and Ann Turner who each own 50% of the shares. Peter Turner and Ann Turner also ran a business called Marketbalance Limited (“MBL”). Marketbalance Limited (“MBL”) was formed in 1998 as a management consulting company, principally focussed on the insurance industry. MBL became the

_ claims and fiscal representative and an agent for an insurance company Haven Insurance

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Phoenix Insurance Management Limited (06343770)

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