CMA launches investigation into Markerstudy acquisition of Atlanta

investigating searching

The Competition & Markets Authority has launched an investigation into the acquisition of Ardonagh-owned Atlanta by Markerstudy.

The £1.2bn deal was announced in September last year with Markerstudy group CEO Kevin Spencer claiming on completion it would only be £301m of gross written premium away from potentially overtaking Admiral as the UK’s largest personal lines player.

He added that Markerstudy had an agreement where it would pay Ardonagh £820m and it would take a 23% stake in the new [combined] group.

The transaction, which is to be funded by a new investment led by Pollen Street Capital and Bain Capital Special

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

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options


Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: