Countrywide pulls out of broker-distributed business

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Countrywide Legal Indemnities has stopped working with general insurance brokers, Insurance Age can reveal.

In a communication sent to brokers and seen by Insurance Age, the provider said it would no longer be underwriting new legal indemnity business by insurance brokers from 1 May 2021.

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Countrywide told Insurance Age in a statement: “The decision by Countrywide to no longer work with brokers was not taken lightly, but the recent prolonged heightened activity in the property market

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