Brokers hail end to Groupama 'limbo' period
Groupama has been up for sale since January 2012, and it was confirmed today that both businesses have begun exclusive discussions over a purchase deal, which would exclude Groupama’s UK broking operations.
Howard Lickens, CEO at Clear Insurance Management, said the announcement was “very overdue”. He stated: “I have no idea why Groupama seem to have been in limbo for such a long time.”
He described it as a positive move as Ageas are an “up and coming firm”, and continued: “The owners put
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 Broker
Most read
- FCA confirms 33 broker investigations
- Ataraxia increases its stake in Manchester-based JTS
- Ardonagh buys Alice Castle
- SEIB adds Lloyd & Whyte CEO to board
- Policy Expert signs six-year £2bn capacity deal with R&Q Accredited Europe
- Aviva enters exclusive discussions to buy Azur’s HNW operation
- HDI restructures UK & Ireland operations