Utley set to return to Cox and end insurer's City adventure

Cox Insurance is set to come under the control of former chief executive Neil Utley, after a £297.9m cash offer was accepted by the public company's board.

A formal offer has still to be made, but it is expected that once this is officially approved, Mr Utley will de-list the motor specialist and make it private.

Mr Utley said: "Cox is a business with which I have been proud to be associated for a number of years. It has an excellent reputation in the market place and I believe that, as a private

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: