New data hub promises level playing field for insurers

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Non-direct motor insurers and brokers will soon be able to compete head on with their direct counterparts, following the launch of a new data bureau that will validate claims, credit and vehicle data at the point of sale, according to its founding directors.

Insurance Initiatives has been set up by a trio of ex-Experian employees, including Peter Lacey, former sales director of the insurance division, to help non-direct underwriters price more accurately

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