Vantage owner, NSM, buys UK motor MGA
The company has bought Xpekt as it seeks to build niche motor business in the UK.
NSM, which owns Vantage Insurance Brokers, has bought Xpekt, a UK motor managing general agent, for an undisclosed sum.
The American company advised that the deal was an important step in its ambition to “build a niche motor underwriting business in the UK, serving a select panel of specialist and community brokers, differentiated by superior service and supported by A-rated underwriting capacity”.
Geof McKernan, NSM’s CEO commented: “We have identified that there is demand in the UK market
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Aviva to open branches in Chelmsford and Southampton
- Pen inks £150m social housing capacity deal with SiriusPoint