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One of the UK’s fastest-growing specialist insurance groups is to relocate its niche motor broking business from Kendal to Lancaster as it plans significant expansion which is set to create 20 new jobs in the city.
Principal Insurance has signed a lease on offices at Riverway House, Morecambe Road, Lancaster, in anticipation of significant growth following the company’s acquisition of the Kendal business last year.
Kat Blayden-Byrne, who heads the operation, said Lancaster was chosen as its new home because it offers better connections, both geographically and to the wider insurance industry.
"The business is already seeking candidates for sales and administration posts in preparation for relocation, which is set to be completed in July."
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