RCIB buys three motor breakdown brands from ERS
Deal includes transfer of 150,000 customers.
Right Choice Insurance Brokers (RCIB) has bought three premium motor breakdown insurance brands from ERS in a multimillion pound deal.
It involves the transfer of around 150,000 vehicles and customers who are insured under the Autonational, AutoAid and Eurorescue brands.
According to the broker, ERS will continue to underwrite the products under a long-term agreement.
Potential
Mike Joseph, owner and managing director of RCIB, said: "This is an exciting opportunity for us as it adds a significant
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