Zurich completes Endsleigh purchase

Zurich has signed an agreement to purchase all the remaining shares in insurance intermediary Endsle...

Zurich has signed an agreement to purchase all the remaining shares in insurance intermediary Endsleigh. Following the acquisition of 45% of the stock in 2002, Zurich has bought the rest of the shares, which were held by the Endsleigh management (40%) and the National Union of Students (NUS), who held 15%.

Zurich plan to maintain Endsleigh's strong presence in the student market and, to that end, has retained two NUS members on the board.

A Zurich spokeswoman commented: "We want to look after the

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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