Brokers sympathetic to RSA's exit decision
Market acknowledges tough conditions in the personal broker private motor market.
Brokers have been broadly supportive of RSA's decision to withdraw from its personal broker private motor market while not being surprised by the move.
The insurer said its decision will amount to a £65m gross written premium loss or 7% of its motor book, and it will cease to write or renew such business from 1 November.
Mark Allan, RSA's managing director of personal lines intermediated, said the move had been taken against a backdrop of tough trading conditions with no sign of improvement.
He
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