The Policy Shop launches new division
The Policy Shop, the Coventry-based insurance broker, has launched a new property division. The expansion will create up to 40 new jobs within the next year.
The company said it has “ambitious plans to grow the business” and aims to raise its current annual turnover of £16m to £20m in the next 18 months.
As part of its plans for growth, the broker will now expand into extra office space alongside its headquarters in Queens Road.
Managing director Sean Byrne said that the new division would create between 30 and 40 new jobs.
He added: “We have built an excellent reputation amongst many of the UK’s leading insurance companies and deployed varied and innovative marketing strategies which have been a major driver for the business expansion.”
Alongside the property division, the company will recruit a new commercial account executive to package and promote a range of insurance products to small and medium-sized businesses.
