Covéa deal “positive” for Sterling
John Blundell, Sterling MD, says move will help Sterling grow but does not expect special deals with Covéa-owned broker Swinton.
Sterling managing director, John Blundell told Insurance Age that the recently announced acquisition by Covéa will be "positive" for the business and help it to grow.
"In terms of our growth we will be able to do that because they [Covéa] have more resources," he said.
Covéa also owns Swinton but Blundell denied that plans were being developed to place more business from Sterling with the broker.
He said: "There have been no talks...I've no major expectations. If it helps the business and group
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