Principal buys second motorcycle book in days
The broker has acquired the motorcycle book of Simply Insurance.
Principal Insurance has acquired the motorcycle book of Simply Insurance just days after it bought a similar book from iGO4 Partners.
The Manchester-headquartered broker said its latest acquisition adds a further 500 to the policies secured through the purchase of iGO4's bike team.
It added both vendors chose to exit the motorcycle niche in order to concentrate on their core businesses and Simply Insurance will focus on its fleet, courier, motor trade and commercial lines.
Niche
Principal's
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