KGM Motor Insurance increases capacity

KGM Motor Insurance has increased capacity for 2009 by 35%. A capacity of £73m has been secured from...

KGM Motor Insurance has increased capacity for 2009 by 35%. A capacity of £73m has been secured from its capital providers, which includes traditional Lloyd's names. The business has also embarked on a recruitment campaign. This drive will focus on filling existing vacancies and the company gearing up to manage the anticipated growth that will be achieved over the next two years as KGM plans to write premiums in excess of £100m by 2011.

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