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Wates pilots Zurich and JLT's Subguard

The Wates Group is set to pilot Subguard, an insurance product which is widely used in the US, to give customers and the supply chain greater protection and security in response to challenging market conditions.

Wates has claimed to be the first company in the UK to use Subguard in partnership with Zurich Global Corporate UK and Jardine Lloyd Thompson.

In a statement, Wates said: "The goal of this new risk

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