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The Policy Shop creates property division

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Coventry-based broker The Policy Shop has launched a new property division which will lead to the creation of up to 40 new jobs over the next 12 months.

As well as offering greater focus on household content and building insurance the new operation will specialise in non-standard property business, providing insurance underwriting solutions on homes which carry a greater risk.

The firm will also provide insurance products for landlords who let a portfolio of property, holiday homes and multiple building owners.

The Policy Shop currently has £16m of gross written premium, but expects to increase that figure to over £20 million within the next 18

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