UK General hits 500-scheme target
UK General Insurance has reached its 500-scheme target and laid out plans to focus on a "product-led strategy" concentrating on "profitable business, as opposed to chasing volume".
The Leeds-based specialist insurer said its schemes GWP had climbed by £70m during 2012/13, representing growth of more than 20% over the 12 months.
Although schemes MD Karen Beales recognised that schemes competition had "intensified", she insisted "there is still headroom for further growth".
Specifically, Ms Beales has identified growing UK General's property portfolio, which has recorded growth of some 35% over the past year.
"Lee Glyn will head up the property team, where we plan to
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