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Alec Finch announces MBO and strategic developments

Following the acquisition of Alec Finch Group by the French insurance broker Verlingue and the merger of the two businesses in January 2007, a unified Anglo-French business will be formed by 1st January 2009 referred to as Project Synergy.

According to the two businesses, a key feature of the Synergy project will be that the businesses in UK and France should mirror each other operationally.

Alec Finch, chairman of Alec Finch Group, and Jacques Verlingue, president of Verlingue, have announced further changes to the business in pursuance of their strategic objectives.

With FSA approval, the Group¡¦s Lloyd¡¦s Broker - Alec Finch London has been acquired by its management and Alec Finch family interests, which will enable it to

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