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IAG acquires Hastings Insurance Services and Advantage Insurance Company

Insurance Australia Group (IAG) has acquired the UK-based Hastings Insurance Services and Gibraltar-...

Insurance Australia Group (IAG) has acquired the UK-based Hastings Insurance Services and Gibraltar-based direct personal insurer, Advantage Insurance Company, subject to regulatory approval. It has been confirmed that the Hastings management team will remain in place. Michael Hawker, IAG ceo, stated that the acquisition of Hastings was a perfect entry point into the UK market, adding: "This will allow us to access new customers and markets while using our underwriting expertise to continue to

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