Midas takes on Direct Group’s commercial business
Midas, part of Ardonagh Group, will take over Direct’s specialist business as it looks to grow GWP to £100m.
Midas Underwriting is set to relaunch its strategy as it takes control of owner Direct Group’s specialist commercial business.
Midas Underwriting, a non-standard home and motor specialist that was acquired by Direct Group in 2016, will rebrand RDG Commercial to Midas Commercial.
Derek Coles chief executive of Direct Group said: “Midas is one of Direct Group’s crown jewels, and we believe it has the capability to deliver further significant growth for DG and our parent, the Ardonagh Group, in
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