Markerstudy buys Co-op underwriting in £185m deal

repossess

Markerstudy has completed the long-touted deal for Co-op’s underwriting business and signed a 13 year agreement to distribute motor and home insurance products for a total of £185m.

Co-op’s plan to sell CIS General Insurance was first rumoured in August last year with Markerstudy tipped in November as the most likely buyer.

According to the Co-op it will now focus on providing “a broader range of insurance products” through Co-op Insurance Services.

The firm added that it will develop

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: