NU says HHH could not compete with personal lines direct players
Norwich Union (NU) has claimed it was forced to close Hill House Hammond (HHH) because it could not compete with direct insurers on the personal lines side or sell it for the right price, reports James Salmon at Insurance Age .
Ken Wallace, intermediary business director, NU said: “HHH could not compete with the likes of Tesco and Budget which can provide personal standalone policies more efficiently.”The closure will lead
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