Coversure poised to start M&A activity

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Bob Darling says organic growth continues as demand for advice remains strong.

Coversure chief executive Bob Darling has revealed that the franchise firm is poised to roll out its buying programme for branches.

The business was bought out in an MBO by private equity Livingbridge in May last year. The deal that came with a buy and build strategy for franchises.

The plan was to form a team that could provide advice and funding for franchises looking to strike takeover deals.

“The acquisition project is very well underway,” Darling told Insurance Age.

“I am expecting to

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