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New company for MFG

Manx Financial Group says it’s formed a new company specialising in insurance premium and asset-backed finance for UK professional services.

The group, which includes Conister Bank, Conister Card Services and Edgewater Associates joined a consortium to set up Manx Financial Ltd.

Registered on the Island, the new company will be owned by the Manx Financial Group and Enterprise Insurance Company.

Manx Financial Group’s Chief Executive Denham Eke says the new venture will open up previously unavailable markets and a new customer base.

 

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