Niche player MTS targets £15m as NU comes on board
Motor Trade Solutions (MTS) stands to profit from Norwich Union's (NU) strategy to enter niche marke...
Motor Trade Solutions (MTS) stands to profit from Norwich Union's (NU) strategy to enter niche markets after securing an agency agreement with the insurer that could be worth £15m over the next 2-3 years.
Paul Inskip, managing director, MTS, said: "We think the market in which we operate is worth about £60m and we currently write £10m of that. Over the next three or four years we want to write £20-25m of the same business."
The broker now has the full complement of five carriers, a number it had
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