Ex-Shakespeare MGA directors charged with fraud and perjury

Two ex-directors of failed underwriting agency Shakespeare Underwriting are on trial for charges of fraudulent trading and perjury.

Jayson Hollier, 39, faces four counts of fraudulent trading and one count of perjury in Warwick Crown Court.

Andrew Booth, 59, is facing four counts of fraudulent trading, one count of perjury and one count of theft.

Hollier’s mother, Linda Letchford, 59, is charged with one count of fraudulent trading.

All three pleaded not guilty and have not been remanded in custody.

Shakespeare was a Warwickshire-based underwriting agency with offices in Caerphilly, Romford and Rugby.

The agency, which specialised in motorcycle, private car, household, commercial vehicle and property, fell into administration in January 2006.

Welsh-based broker Moorhouse purchased the assets at the time, stating at the time that one of its priorities was to resolve the company’s performance issues.

The company had business relationships with AIG Europe, Plum, Landmark and New Hampshire. The trial continues.