Hastings CFO says IPO won't affect management focus

Financial pages

Motor book and home insurance will continue to be key according to Richard Hoskins.

Hastings Group CFO Richard Hoskins has told Insurance Age that any change in the company's ownership structure won't impact the management's focus to drive the business forward.

He made the comment shortly after Hastings Group announced it plans to seek a London Stock Exchange listing, expected to happen in October, and raise £180m.

It will involve at least 25% of shares being freely floated as current shareholders including Goldman Sachs as well as founders and management sell parts of their

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