Quotax expands with Safely Insured business acquisition
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Quotax has completed the acquisition of the non-standard modified private car insurance portfolio from Safely Insured. The move strengthens Quotax’s position in the specialist motor insurance sector and signals its expansion into a new market.
The deal includes the transfer of a number of experienced employees to Quotax, ensuring a smooth transition for customers. Jae Pearse, former Director at Safely Insured, will also join Quotax to lead and develop this division.
Customers will see no disruption to their service, with the same level of expertise and support continuing under the new ownership.
Daniel Fosker, Director at Quotax, said: "We are delighted to welcome this specialist book of business into the Quotax family. This acquisition aligns perfectly with our expertise in the non-standard motor sector, and we are excited to work with a talented team of professionals who bring years of experience.
“Our priority is ensuring a smooth transition for customers while building strong relationships with our insurer partners to develop this book of business further. We see great potential in this market and look forward to driving its growth."
Jae Pearse, former Director at Safely Insured, said: "I am excited to be joining Quotax to continue managing and expanding this book of business. Having worked closely with these customers and insurers for many years, I am confident that this transition will bring new opportunities and benefits for all involved. Quotax shares my passion for specialist motor insurance, and I look forward to working with the team to grow this division."