Markerstudy & Co-op confirm completion of £185m deal after two year wait
Markerstudy Group has completed its purchase of the Co-op Insurance underwriting business (CISGIL).
The transaction has taken almost two years to complete and the managing general agent’s £185m deal for Co-op was first announced back in January 2019.
Markerstudy detailed that the purchase is the beginning of a 13-year partnership to provide home and motor insurance products under the Co-op brand.
Sister title Post revealed that the organisation had gained Prudential Regulation Authority
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