The Policy Shop creates property division

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As well as offering greater focus on household content and building insurance the new operation will specialise in non-standard property business, providing insurance underwriting solutions on homes which carry a greater risk.

The firm will also provide insurance products for landlords who let a portfolio of property, holiday homes and multiple building owners.

The Policy Shop currently has £16m of gross written premium, but expects to increase that figure to over £20 million within the next 18

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