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Utley quits Cox - Fisher steps in

Neil Ultey, chief executive of Cox has resigned as both CEO and as a director of the group with immediate effect. The company recently tried to buy motor insurer Highway but talks between the two companies collapsed last month.

In a statemeny by Cox Insurance Holdings, the board said that Andrew Fisher will step in as chief executive as of 7 July.

Mr Fisher will join Cox from CPP Group, international provider of financial

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