CPP sells Alpha Underwriting six months after buying it

deal

Just Travel Cover, a leisure travel insurance specialist and insurance product and service provider, has bought the travel insurance and scheme specialist business Alpha Underwriting from CPP Secure.

The consideration for the deal is undisclosed. CPP only acquired Alpha Underwriting in January this year.

Just Travel Cover said the move would help it grow its broker network and provide Alpha’s general insurance brokers with access to its unique panel of insurance products.

It detailed this would mean brokers can compare multiple schemes from leading insurers in one place, without the need to re-key, and offer worldwide travel insurance with no age limit, cover for hundreds of pre-existing

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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