Co-op insists sale decision "will not change" broker relationships

Teamwork jigsaw

The Co-operative Insurance has claimed that the announcement it is up for sale "will not change the very important commercial relationship" it has with brokers.

The Co-operative Group today confirmed its intention to sell its GI business and several parties have already been linked with a swoop for the insurance arm. 

Brokers represent around 20% of business for the Co-operative Insurance across home and motor.

The five brokers it works with are BGL, The AA, Saga Kwik-Fit and BDML.

However, the insurer insisted that it remains "committed" to its broker channel and is currently contacting all brokers about the decision to put it up for sale. 

In a

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