BGL confirms Fenchurch appointment as it explores insurance unit sale


BGL Group has appointed Fenchurch Advisory Partners to handle a review of strategic options for BGL Insurance.

The story was first reported by Sky News. According to the article, BGL’s insurance unit could be priced at £700m.

A spokesperson for BGL told Insurance Age: “Approaches do happen, we have a duty to explore them, but there’s nothing further to say at this stage.”

BGL, which also owns Compare The Market, provides motor, home, and life insurance.

Earlier this year, in

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