75,000 to lose motor cover despite premiums

Up to 75,000 people will have their car and van insurance cover cancelled in the next three weeks — even though they had paid premiums to Setanta Insurance.

The Malta-based company, which primarily focused on providing van insurance to small and medium enterprises, went bust earlier this year.

Cancellation notices will be sent to all Setanta customers in the next seven days, after which a further 7-10 days’ notice will be given to each customer.