Vega broker acquisitions in pipeline
Vega Insurance Services, Primary Group's new commercial broking business, is in "advanced" negotiations on a number of acquisition deals with brokers.
While declining to reveal the names of these broking firms, the company said it expected to attain a premium income of at least £100m within three years, as it attempts to rapidly acquire a portfolio of commercial brokers across the UK.
Bob Screen, managing director of Vega Insurance Services, said he believed this figure was a conservative
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