NFU Mutual snaps up Channel Island broker
Reeds, a general insurance broker on the island for the past 20 years, made a decision to sell based on the retirement of its co-founder.
The acquisition will make Islands Insurance the second largest operator in the Channel Islands, both in terms of revenue and headcount. No redundancies will take place, with all Reeds staff transferring to Islands Insurance.
Doug Newlands from Islands Insurance, said: "This is a really positive step for Islands Insurance as it will help us to develop our
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Insurer
Podcast
The Insurance Age Podcast: 3 April 2020
Insurance Age commissioning editor, Laurence Eastham, and news editor, Ida Axling, discuss the top stories of the week.
Subscribe to our daily newsletter for all the latest news
Most read
- Brokers expect bold first move from Aviva's new leader Amanda Blanc
- RSA walks back on Marsh criticism in FCA's BI test case
- Blog: What challenges await new Aviva CEO Amanda Blanc
- Chubb flags huge Covid-19 losses
- Pikl moves forward with property and vehicle MGA
- The Fallout - Insurance brokers and the coronavirus pandemic
- Blanc flags radical action as she steps into Aviva CEO role