CBSPC purchase is given the all clear

The Competition Commission (CC) has provisionally cleared the acquisition by Hampden Agencies of the members' agency business of CBS Private Capital (CBSPC).

Insurance Age reported in September that Lloyd's two largest member-agency services had merged in April, sparking a referral from the Office of Fair Trading (OFT) to the CC over concerns that it would create an imbalance in the London insurance market.

However, the CC concluded that the acquisition is not expected to result in a substanti

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: