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More deals in pipeline for Markerstudy after £400m BGL Insurance buy

gary-humphreys

Group underwriting director Gary Humphreys tells Insurance Age about the MGA's biggest deal to date and its plans for the future as he confirms that an IPO "hasn’t been ruled out as possibility".

Markerstudy’s group underwriting director, Gary Humphreys, has stated that BGL Insurance (BGLi) is a “complimentary fit” to the MGA’s existing retail operations which will give the business additional distribution capabilities and an opportunity to accelerate its digital programmes.

The deal, which was announced earlier this week, is Markerstudy’s largest acquisition to date and brings three million customers and 1,700 staff to the business.

Commenting on what BGLi adds to Markerstudy’s

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Fresh from its first deal and with a goal of more than doubling to £100m GWP, Tim Forshaw, CEO and founder of Tower Insurance Brokers, outlines why the business is targeting niche mutuals and the benefits of bringing global broker knowledge to local firms.

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