Insure the Box sale highlights threat of manufacturers to motor insurers
Motor manufacturers are primed to “take the motor insurance market by storm”, according to market insiders, who have highlighted the sale of Insure the Box as a wakeup call to the threat manufacturers represent to insurers.
Catlin last month agreed to sell its stake in the telematics specialist firm to Aioi Nissay Dowa, which effectively functions as the captive insurer for Japanese manufacturer Toyota.
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