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

stop-sign

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

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: