Markerstudy buys Lionheart Insurance
Deal adds over £2m in premium to the firm.
Markerstudy has bought Birmingham-based Lionheart Insurance for an undisclosed sum.
The deal, which has received approval from the Financial Conduct Authority, adds over 1,500 policyholders and more than £2m of premium to Markerstudy's retail arm.
Directors, David and Alison Wilkes will be leaving the business while the rest of the workforce will be joining the Markerstudy group of companies.
Relationship
Russell Bence, managing director of Markerstudy Retail, commented: "Having had a
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 info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk 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 info@insuranceage.co.uk
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 info@insuranceage.co.uk
Most read
- Wakam receives PRA approval for new £500m GWP UK insurer
- Aviva’s David Martin on the art of the possible
- Brokers push for more from RSA/NIG