Aon acquires in hospitality sector

Aon has acquired specialist insurance broker, Supercover Holdings for an undisclosed fee.

Supercover is a UK-based niche licensed trade insurance broker arranging specialist insurance schemes and services for pubs and clubs in addition to other categories within the licensed trade such as hotels, night clubs, restaurants and bingo halls.

Supercover will be added to Aon’s personal and group programmes (PGP) division.

Peter Harmer, CEO of Aon UK, commented: “Supercover is a natural fit with the Aon hospitality business. Aon ownership will ensure that Supercover continues to provide

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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