Simply Business “thrilled” with Aquiline deal

Venture capital trusts growth

CEO Jason Stockwood says new deal will allow the broker to grow.

Simply Business CEO Jason Stockwood is "thrilled" at private equity firm Aquiline's investment in the broker.

He told Insurance Age that the deal, which is believed to be worth north of the £120m reported this weekend, would enable the digital broker to "develop more products, more markets and allow for investment in our technology".

"We're going to be doing more but faster and more aggressively," he stated.

Stockwood remarked that Aquiline was a good partner for Simply Business because it has

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Broking Success: Embracing technology

Mark Thomas, founder of Compare Insurance, is looking to harness the power of technology even further to continue the pace of 60% growth the business achieved last year.

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