Cox plans to reinvent itself as a software house.
Cox Insurance Holdings hopes to become a broking systems software house and set up a nationwide netw...
Cox Insurance Holdings hopes to become a broking systems softwarehouse and set up a nationwide network of brokers. The company is looking
to the future after writing off its loss-making commercial insurance
books.
Neil Utley, chief executive of Cox, confirmed that Cox now owns the
troubled broking system Brokersoft and said the system will help Cox
continue to diversify beyond pure insurance.
He said: "We want to be a software house. Bringing in Brokersoft should
help - it is a good system that has
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