Review of the year: March 2017
It was another busy month for brokers and featured a jailing, insurer redundancies, buying and selling and an FCA exoneration.
5) Tech broker Simply Business eyed world domination as it was bought by American insurer Travelers. The broker subsequently rebranded as it looked to grow on the global stage.
Travelers buys Simply Business
Travelers confirmed it would buy Simply Business from private equity firm Aquiline Capital Partners for an enterprise value of approximately $490m [£400.6m].
Simply Business was sold to Aquiline by fellow private equity company AnaCap Financial Partners in
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