Cobra to cut costs in holding company
Retail and wholesale insurance broking group Cobra is to continue to focus on core revenue areas while carrying out a cost reduction programme in relation to its holding company and overhead costs in order to reflect the smaller size of its operating base.
The company announced a structural reorganisation on 28 November 2011 and the sale of Cobra Corporate Solutions on 8 December 2012.
Disposing of CCS and its broking operations in Caterham and Alton
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