Insurance Age

RFIB sheds retail operation

International insurance broker RFIB Holdings Limitedhas has sold its UK retail intermediary, Bridle Insurance Brokers to CFN Insurance Services for an undisclosed sum.

The sale has already gone into effect.

Patrick Holcroft, RFIB chief executive, commented: "While we are sad to see the team at Lyndhurst depart, the CFN deal offers an attractive home for the Bridle business that will better position it for its future development. We wish the team every success in the future".

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