Sir Peter Wood explores esure stake sale - reports

Esure founder and chairman Peter Wood

Article suggests that Wood has held informal talks on a sale of his 30% stake prompting esure shares to rise in value.

Shares in insurer esure rose after the weekend following reports that Sir Peter Wood had held informal discussions about selling his 30.8% share in the business.

The Sunday Times reported that Wood had discussed a stake sale with potential buyers – a move which could prompt the sale of the whole business according to the article.

It also noted that a number of insurance bosses had claimed to have been contacted in recent weeks in order to test if there was interest in the deal.

At the time of

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 copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: