RSA pulls out of motor trade market and agrees sale of Fyfe


The insurer has also announced it will not be renewing existing policies after 1 November 2012.

The move affects 2,300 policies.

Jon Hancock, RSA’s managing director, UK commercial, said: “Following several years of extremely tough market conditions and poor results within our motor business, we have taken the decision to exit the UK mid-market motor trade business and to sell our Fyfe business.

“We are working with affected brokers and customers to help them find the right solutions for the

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