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  1. ITV Report

Taxi drivers scramble to re-insure after company bankruptcy

Thousands of London taxi and minicab drivers are rushing to re-insure after insurance firm Alpha went bust.

The drivers received a text to say their cover had been cancelled after the company which owns Cover My Cab and Protector was declared bankrupt on Tuesday.

The text read: "URGENT MESSAGE - your taxi insurance policy with Alpha Insurance is cancelled with immediate effect. Please contact Protector on 020 74467676 where we will be able to arrange alternative cover."

Around 700 taxi drivers and 10,000 were impacted by the business failing, according to the Licensed Taxi Drivers Association.

Many drivers went to their broker's London office where a long queue formed.

General Secretary of the LTDA, Steve McNamara said: "We have notified all of our members about this change, to ensure that no-one is unintentionally driving without insurance.

"We will be supporting any of our members that may have been affected."

Those without cover will be enable to work until their acquire insurance once again.