Skip to main content

The management of Saga has agreed ..

The management of Saga has agreed a management buy-out of the company, supported by Charterhouse, fo...

The management of Saga has agreed a management buy-out of the company, supported by Charterhouse, for an enterprise value of £1.35bn. As part of the new ownership structure that has been put in place, staff will have the opportunity to become shareholders in the company under a new employee share scheme. Staff and company pensioners will also receive a portion of the sale proceeds as a one off cash bonus from Roger De Hann. The executive management team of Saga will remain unchanged, and will

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 info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk 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

Ageas UK GWP jumps as Esure deal flows in

Ageas has posted a 72% hike in gross written premiums in the UK to €1.42bn (£1.21bn) for the first half of the year as the takeovers of Esure and Saga’s underwriter Acromas Insurance Company continued to kick in.

ALA expands range with pothole insurance

Yorkshire-based GAP insurance provider ALA Insurance has expanded its product offering with the launch of a specialist pothole insurance policy, in a move it claimed targets one of the “more persistent and costly problems facing UK motorists”.

Most read articles loading...

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: