The Bollington Group has launched a motor traders combined contract aimed at small and medium-sized garages. It is underwritten at Lloyd's by newly-formed underwriting agency CUS.
Tony Woolley, director of The Bollington Group, said: “Although we have agreements with a number of providers for placing of combined motor trade business, certain changes in the market have affected underwriting philosophies.
“Clearly, we will continue to offer the same support to our existing clients, but at the same time we will look to broaden our underwriting base.
The Bollington Group plans to unveil two new motor traders' road risk-only schemes soon.