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Quindell signs deal as Ebitda rises

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Quindell has reported gross sales of almost £163m in the first quarter of 2014, as its subsidiary 360 Globalnet has agreed two five-year property claims deals worth £20m with an unnamed direct UK insurer.

The firm will implement digital video and crowdsourcing solutions to speed up the claims process for property claims initially, but aims to cover all types of claims in due course, it said.

Paul

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