Tradex Insurance has hailed a black cab specialist in acquiring the business of Westminster Motor Insurance Association.

Stephen Endean, chief executive officer of Tradex, told the Post magazine that he was "delighted" to welcome the experience and dedication of the Westminster team on board.

Mr Endean went on to say that together they would control in excess of £100 million in commercial motor, motor trade and motor liability business.

A statement from Tradex added: "Both Tradex and Westminster are dominant in the Public and Private Hire market and the merger of these accounts puts them in a lead position of London Black Cab business.

"Swiss Re, who are Tradex's quota share partners, will continue to provide support for this increased venture."

Mr Endean concluded by thanking Swiss re for its involvement in facilitating the link-up and its continued support.

Tradex, which was founded in 1995, specialises in insurance for businesses in all sectors of the motor trade.

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