Paul Chainey aiming to double Miles Smith turnover after private equity deal
CEO confident of hitting five-year target.
Paul Chainey, the chief executive officer of Miles Smith, is confident that the broker will go from strength to strength after Pollen Street Capital bought a majority stake just before Christmas.
“I’m absolutely certain we can double our turnover in the next five years,” he told Insurance Age.
The deal for Miles Smith, which has £170m of GWP and over 220 staff, saw MS Amlin exit from its 26% stake as well as retiring shareholders leaving the business.
However, Chainey stressed that the
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