CBG offloads "certain elements" of personal lines business
Swinton snaps up £370K chunk of personal lines business which chief executive Peter Haplin described as "just the type of business we are looking to acquire"
CBG Group has disposed of certain parts of its personal lines business to fellow North West broker Swinton.
In a statement, CBG said that in line with a strategy of focusing on its position within corporate insurance, the company had decided to dispose of certain elements of its personal lines businesses, on normal market terms, to Swinton.
The CBG board said it firmly believed that by focusing on corporate insurance, the group would be able to generate better long-term value for its
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