Iron Trades' retail dropped by QBE.
QBE has confirmed it is closing Iron Trades' retail division. The Australian giant claims it has bee...
QBE has confirmed it is closing Iron Trades' retail division. TheAustralian giant claims it has been forced to close the business, after
attempts to sell it failed.
QBE announced its intention to dispose of the division in April, after
deciding the UK personal lines market did not fit its strategic business
criteria. The run-off is scheduled to take place over two years.
The division is based in Middlesbrough and employs over 100 staff. It
writes approximately £80m gross premium income through
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