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Gallagher buys Commercial Insurance Broker Pavey Group

Gallagher has announced the acquisition of leading South West commercial insurance broker Pavey Group Holdings (UK) Limited (trading as Pavey Group) in the UK.

QBE targets trade credit growth as UK businesses under pressure.

QBE European Operations, the business insurance specialist, has added three underwriters to its trade credit team as it seeks to take advantage of growth opportunities for its portfolio.  Brexit uncertainty, mounting costs and increased competition are exposing British businesses to greater levels of trading risk which by turn is increasing demand for trade credit cover.  According to recent ABI figures, trade credit insurance claims in the UK have been at their highest level since 2009 as a result of tough trading times.

QBE targets trade credit growth as UK businesses under pressure.

QBE European Operations, the business insurance specialist, has added three underwriters to its trade credit team as it seeks to take advantage of growth opportunities for its portfolio.  Brexit uncertainty, mounting costs and increased competition are exposing British businesses to greater levels of trading risk which by turn is increasing demand for trade credit cover.  According to recent ABI figures, trade credit insurance claims in the UK have been at their highest level since 2009 as a result of tough trading times.

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