APC rolls out new taxi product
APC is to launch a public hire taxi product in early November as it moves in to the specialist motor underwriting market.
The commercial insurance underwriting agency said the decision was the result of over a year of planning and research. It added that the public hire product, available via its own QuoteMac trading platform, was designed to provide selected brokers with a market for their taxi clients while tightly controlling risk selection and claims management.
The first-ever motor product from APC will offer comprehensive cover only with public liability up to £10m for vehicles with up to nine seats
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