Allianz puts Home & Legacy up for sale
Allianz is exploring options for Home & Legacy which could include a sale with high net worth not being seen as a core strategy for the current owners, Insurance Age can reveal.
Insurance Age understands that the process has been underway for two months and is being led by Deloitte with a trade, management buyout and private equity sale all being explored as part of the process.
However, with speculation at the British Insurance Brokers’ Association’s conference in Manchester this week linking H&L with every potential buyer, Allianz has remained tight lipped on the precise outcome.
Kieran O’Keeffe, managing director of Allianz Personal Specialty Lines told Insurance
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