Editor's comment: Commercially viable
The news that Iprism has secured private equity backing, which effectively values the business at £50m, is further evidence that the future of online commercial trading has finally reached its 'tipping point'.
With Towergate's online offering Power Place confident of attracting 1000 brokers by the end of next year having secured Aviva; Xbridge reaping benefits for its minority stakeholder Brit Insurance
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