Iron Trades pulls out of provincial market

Iron Trade is withrawing from the motor market and ceasing to trade with provincial intermediaries, f...

Iron Trade is withrawing from the motor market and ceasing to trade with provincial intermediaries, following a review of its operations by Australian company QBE, which bought the insurer last December. The shakeup will also see Iron Trades centralise its claims operation in Leeds.
The changes are thought likely to result in the loss of hundreds of jobs. Chief executive Robert Hardy is also to step down.
QBE is to close Iron Trades' provincial offices in Glasgow, Belfast, Manchester

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.