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15/10/2014
60 Jobs Created By Newry Insurance Firm
60 new jobs are being created by Newry-based Autoline Insurance Group.
The new jobs are part of the firm's move into the wider UK and Republic of Ireland markets.
Enterprise Minister Arlene Foster said: "Autoline’s success has been built on innovation. It was the first broker in Europe to launch an app that offered insurance premium discounting directly linked to driving behaviour. As a result, it has significantly grown its customer base of young drivers. It is now planning to develop its own telematics and data analysis platform, which will help it to more than double its gross written premium by 2018 with almost 60 per cent of sales coming from outside Northern Ireland.
"The new positions being announced today, which will pay above the Northern Ireland private sector median, bring the total employed by Autoline to over 200. The additional salaries will contribute £1.5m a year to the economy."
Invest NI has offered Autoline £390,000 of support for the jobs.
(IT/CD)
The new jobs are part of the firm's move into the wider UK and Republic of Ireland markets.
Enterprise Minister Arlene Foster said: "Autoline’s success has been built on innovation. It was the first broker in Europe to launch an app that offered insurance premium discounting directly linked to driving behaviour. As a result, it has significantly grown its customer base of young drivers. It is now planning to develop its own telematics and data analysis platform, which will help it to more than double its gross written premium by 2018 with almost 60 per cent of sales coming from outside Northern Ireland.
"The new positions being announced today, which will pay above the Northern Ireland private sector median, bring the total employed by Autoline to over 200. The additional salaries will contribute £1.5m a year to the economy."
Invest NI has offered Autoline £390,000 of support for the jobs.
(IT/CD)
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