Arista boss: Brokers should be confident after Canopius deal
The chief executive of Arista has insisted that brokers can "look forward confidently" following the sale of Equity Insurance Group's 25% shareholding in the business to Canopius Group.
The deal - which also involved Canopius picking up Equity's home and personal accident books - will mean that Canopius now holds 75% of the shares in Arista, with the remainder held by Arista's management team.
And with effect from 1 July, Canopius has also become the capacity provider for Arista's commercial motor book, which was previously underwritten by Equity.
Speaking about the developments, Arista CEO Charles Earle said: "We are clearly pleased with today's deal. Canopius is a strong
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