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 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

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: