News - Oxygen targets extended warranties

London market broker Oxygen has announced its plans to target extended-warranty markets in emerging nations with a new team hire.The team, which will be led by Mark Angel, will underwrite electrical and mechanical breakdown extended-warranty and guaranteed-asset protection (GAP) covers on a wide range of consumer goods, including motor vehicles, domestic appliances, personal computers and mobile phones. Cover will be provided on a direct or reinsurance basis.According to Oxygen, the growth o