Insurance Age

Ryan Direct Group eyes acquisitions as it rebrands after takeover

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Company was bought by Towergate owners earlier this year.

Ryan Direct Group has rebranded as Direct Group after being bought by Towergate-backers KIRS Group.

The deal, first revealed by Insurance Age in April, completed last week when KIRS achieved its £800m bond debt fund raising programme.

KIRS Group, which was formed in May by Towergate owners HPS Investment Partners and Madison Dearborn Partners to bring together the consolidator along with Autonet, Chase Templeton, Direct Group, and Price Forbes, will itself be rebranded in the third quarter of

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