All three are good, sound businesses which anyone would like own but the big question is who is going to buy them?
RBSI is probably the most problematic one due its sheer size and the fact that it is a mix of personal lines (mainly motor) and commercial in the shape of NIG which causes two problems.
Existing motor insurers would be necessarily barred from buying RBSI for competition reasons and even if someone could buy it, they get the commercial arm thrown in which they may not necessarily wan
- Aviva pulls agency with GRP
- Ardonagh posts £14.1m loss for Q1 2018
- Amazon “working with” UK brokers and insurers
- AIG warns of rise in data breaches as GDPR comes into force
- Video: GDPR – Marketing: what brokers can and can’t do
- Coversure backers Livingbridge “not done” with insurance investments
- Alpha: Cover My Cab steps in with Gefion policies