Quindell and Direct Line Group in £150m deal
Quindell Portfolio has signed an outsourcing services deal with Direct Line Insurance Group.
Quindell has estimated that the deal is worth £150m.
The three year contract will see Quindell provide Direct Line with integrated supply chain for motor (mobility) claims technology and outsourcing services.
Rob Terry, founder and executive chairman of Quindell, said the deal "validates" the firm's model.
He commented: "We believe [the company] will continue to help revolutionise the insurance industry, through a combination of innovative technology and integrated supply chain for motor
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