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Brexit: Carole Nash could expand overseas

Europe wall

It would create some additional costs but it is "certainly not material to our overall business model and profits", says CEO David Newman.

Carole Nash said it will consider creating a new company in the EU to maintain close ties with its overseas clients in the event of Brexit.

The comment came after the broker, which specialises in motorcycle insurance in the UK and Ireland, recently published strong group results for the year ended 31 December 2015.

Mapping out a plan for Brexit, David Newman, chief executive officer, said the business currently passports through the Financial Conduct Authority into Ireland as it already has an

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