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NU Direct destiny for broker books

High-street brokers' personal lines business sold to Norwich Union in the run up to regulation by t...

High-street brokers' personal lines business sold to Norwich Union in
the run up to regulation by the Financial Services Authority will be
transferred to NU Direct, according to intermediary

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Willis warns 7 in 10 businesses are underinsured

James Adams, head of valuation services at Willis, has warned businesses are increasingly at risk of being caught out by average clauses because outdated property valuations are failing to reflect rising rebuild costs.

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