Axa makes double buy in bid for SME share
Axa UK has acquired the businesses of insurance brokers Stuart Alexander and Layton Blackham in an a...
Axa UK has acquired the businesses of insurance brokers Stuart Alexander and Layton Blackham in an attempt to strengthen its position in the small to medium sized-enterprise (SME) sector.
The insurer acquired both firms through its subsidiary Venture Preference, which already owned 38.9% of Layton Blackham. The two companies are to be combined but will maintain independent broking status.
Peter Hubbard, chief executive of Axa UK, said the deal was a strategic priority for Axa in the UK to
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