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Allianz UK direct home and motor exit a ‘good sign’ for brokers

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Allianz UK’s proposed withdrawal from the direct home and motor markets was welcomed by brokers as it will go towards reducing competition in an overcrowded market.

Speaking to Post, Seventeen Group CEO and Insurance Brokers' Standards Council chair Paul Anscombe said: "It's a good sign for brokers. It shows the direct model doesn't work for everyone."

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