Policy Master to float on the Alternative Investment Market.

Software house Policy Master is to float on the Alternative
Investment Market in order to position the company for future growth. The
flotation will enable a partial exit for venture capitalist Gresham Trust,
following chief executive Steve Verall's (pictured above right with PM's
Richard Browser) management buyout of the company from Norwich Union and
General Accident in February 1997. Among the growth opportunities, Policy
Master is looking towards the emergence of large broking groups with more

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