MAC Group invests in Preston-based Healthcare broker

Cash

Isle of Man corporate financial advisor and insurance broker MAC Group has bought 50 percent of Nugent Santé for an undisclosed sum.

The latter, a North West-based specialist medical and healthcare broker, confirmed that it is set to embark on expansion plans following the investment.

Nugent Santé, which was formed last year by its managing director, Paul Nugent, officially launched in January 2016 and manages in excess of £5m of annual insurance premium for private and corporate clients.

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