Iron Trades pulls out of provincial market

Iron Trade is withrawing from the motor market and ceasing to trade with provincial intermediaries, f...

Iron Trade is withrawing from the motor market and ceasing to trade with provincial intermediaries, following a review of its operations by Australian company QBE, which bought the insurer last December. The shakeup will also see Iron Trades centralise its claims operation in Leeds.
The changes are thought likely to result in the loss of hundreds of jobs. Chief executive Robert Hardy is also to step down.
QBE is to close Iron Trades' provincial offices in Glasgow, Belfast, Manchester

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FCA adds four more S166s to sector

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