Lloyds Banks’ LDC takes stake in Uinsure

Deal

LDC, the private equity arm of Lloyds Banking Group, has invested in Top 100 Broker Uinsure.

Founded in 2007, Manchester-based cloud technology platform Uinsure connects financial intermediaries and lenders with a panel of UK insurers enabling customers to arrange cover through its service. 

It offers home insurance, buy-to-let/landlords insurance and non-standard home insurance.

As previously reported, the panel includes the likes of Covéa, Axa, Ageas, LV, RSA and Bspoke Group.

When we started looking for an investor to support us through our next phase of growth, finding the right

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Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

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