Two Welsh Institutions Join Forces
Two of Wales’ leading financial sector institutions have joined forces to provide commercial property investors with a flexible insurance service to rival those found in the City of London.
Under the partnership, the Principality Building Society has entered into an exclusive alliance with the commercial property insurance arm of Thomas, Carroll Group.
The new relationship will provide commercial mortgage customers of Principality with direct access to Thomas, Carroll's insurance service, whose investor/development facility currently insures a UK-wide property portfolio worth over £1bn.
Peter Hughes, head of the Principality Building Society Commercial Lending division, whose
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