Motor insurer Highway's retail

Motor insurer Highway's retail division has entered the UK top 12 general insurance intermediaries following the acquisition of MRB Insurance Brokers, which trades as 1st Quote. The acquisition brings a further 60,000 policies to Highway Retail, bringing the total number of policies handled to over 170,000. Romford-based MRB was purchased for a total of £6.6m plus further performance related payments.