Camberford Law confirms management buyout taken place

As reported in last month's Insurance Age, Camberford Law has confirmed that a management buyout has...

As reported in last month's Insurance Age, Camberford Law has confirmed that a management buyout has taken place at the broker. The company was acquired by the existing directors David Ottewill, Paul Cooper and Simon Carter. Lord Sheikh will remain as chairman, and Mr Ottewill will become managing director.

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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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