Ai motors ahead thanks to new contracts

TRADING is ahead at the Blackpool motor claims specialist Ai Claims Solutions after the company benefited from two new contracts.

The AIM-listed business manages motor claims for insurance companies, brokers, bodyshops and fleet companies.

At today’s annual meeting chairman Steve Broughton will tell shareholders the company is on target to meet market forecasts.

He will say: “Trading in the first four months of the financial year is well ahead of the same stage last year having benefitted from two significant contracts with a major intermediary which came into effect in March and July.

“In addition, we have secured two recent renewals of contracts, one for two years and one for three years, and these underpin our expectations of meeting the current market forecasts.”