Motaquote warns of job losses and MD departs

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CCV-owned Motaquote has confirmed that it is conducting a strategic review which could lead to the closure of its Williamstown Centre operation and a number of job losses.

Nigel Lombard, managing director, has also resigned from Motaquote and it will be led by Cullum Capital Venture's regional managing director, Joe Simmons, during the review process.

The Wales-based insurance broker stated that the strategic review of its business was designed to create an organisational structure to ensure it is better aligned to serve its customers in a more effective and sustainable manner.

The broker revealed the review would take place over the coming weeks. It listed the

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