Aquiline exploring ERS sale
Private equity firm looking at a number of strategic options for the motor insurer, including a sale.
ERS has stated that its majority shareholder Aquiline Capital Partners is assessing strategic options for the specialist motor insurer.
The private equity house has engaged Macquarie Capital and Evercore to help it explore a number of potential outcomes, including a sale of ERS.
Process
ERS noted that the Aquiline was at a “very early stage” of this process.
The insurer said in a statement: “We will continue to keep Lloyd’s, the Financial Conduct Authority and the Prudential Regulation
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- In Depth: Managing cyber risk in an ever-changing security landscape
- Covéa cuts losses but underwriting deficit grows
- JMG strikes its biggest deal of 2024 with BQI swoop