Property and Casualty Services, the loss adjusting company owned by Independent Insurance which is in provisional liquidation, has been put up for sale.
An advert has appeared in today's Financial Times newspaper under the businesses for sale category.
The advert says: “The directors of Property and Casualty Services Group (Holdings) offer for sale the business and assets of this UK and Ireland claims and risk management services company.”
PCS had a turnover of £16.5m in 2000 and employs 358 staff.
Unaudited accounts for the first five months of 2001 show a turnover of £7.7m.