Northern Ireland

Newry firm Autoline to create 60 jobs

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Media captionEnterprise Minister Arlene Foster said Autoline's success had led to its expansion

A financial services firm in County Down is creating 60 new jobs, it has been announced.

Newry company Autoline is creating the jobs as part of an expansion into the UK and Republic of Ireland markets.

The expansion will bring the firm's number of employees to more than 200.

Enterprise minister Arlene Foster said Invest NI was contributing £390,000 to support the creation of the jobs and that Autoline's success had led to the expansion.

"It was the first broker in Europe to launch an app that offered insurance premium discounting directly linked to driving behaviour," she said.

"As a result, it has significantly grown its customer base of young drivers."

She added that the additional salaries would contribute £1.5m to the Northern Ireland economy.