Fortis takes over for Axa in UKU deal
Fortis Insurance and UK Underwriting have announced an agreement to enter into a five year partnership, worth in excess of £50m gross written premiums annually.
The insurer will replace Axa as majority capacity provider at the Primary Group subsidiary.
Primary Group chief executive Philip James said: "We would like to thank Axa for all their support over the past three years but both organisations felt that they would be best served through pursuing their own strategies independently."
He added: "I have been very impressed with Fortis' partnership approach and ability to develop flexible propositions to meet our requirements. The appointment of Fortis
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