Tradewise secures £55m of motor trade capacity from Berkshire Hathaway
UK managing general agent Tradewise Insurance Services has sourced £55m of capacity from Berkshire Hathaway via Faraday in London to continue writing motor trade business, as Tradewise Insurance Company goes into run-off.
Tradewise Insurance Company, which is owned by the same shareholders, had £98.5m of business in 2018 with £89.5m placed in the UK market.
It will cease writing business after 31 December and
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