Groupama announces second scheme deal in a week

Two Redstone Racing cars zip round the track

The insurer, already an underwriter for nearly £20m of the broker's non-standard personal motor schemes, said it expected to be writing £30m with the broker by the end of the year.

Groupama explained that the new scheme would fit alongside those it already underwrote for the broker such as for motor homes, kit cars, hot hatch and imported, performance or modified vehicles.

The announcement follows the news earlier in the month that the provider had agreed to become the sole underwriter of

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