Coversure to expand worldwide.

Coversure is planning a major expansion both in the UK and abroad in a bid to push turnover up by a ...

Coversure is planning a major expansion both in the UK and abroad in
a bid to push turnover up by a third to £60m by 2003.


According to Nick Hollands, agency director of Coversure, the broker
franchise expects to have 100 offices "as quickly as possible" as more
emphasis is placed on growing commercial business. Commercial lines
business currently only accounts for £15m of the company's £40m
turnover.


Mr Hollands commented: "We have been working with commercial business and
we reckon that a lot will

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ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.

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