Principal purchases second motorcycle book in days

Principal Insurance has obtained the bike book of Simply Insurance just days after it got a comparable book from iGO4 Partners.

The Manchester-headquartered broker stated its most current purchase includes an additional 500 to the plans safeguarded through the purchase of iGO4’s bike team.

It added both suppliers preferred to exit the motorcycle niche in order to focus on their core companies and Simply Insurance will certainly focus on its fleet, courier, electric motor trade and industrial lines.