Cox snaps up NMT
Insolvent IT company NMT has been acquired by Cox Insurance, which bought it from liquidator Deloit...
Insolvent IT company NMT has been acquired by Cox Insurance, whichbought it from liquidator Deloitte & Touche. Eight jobs have been saved,
with the re-employed staff moving from the Stevenage-based company to
Cox's Milton Keynes office. Neil Utley, chief executive of Cox, said NMT's
user-base would still be able to use the system but that Cox was seeking
to integrate its three broker systems, Brokersoft, Brokersure and NMT.
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