CPP Group pushes into broker space with niche broker buy
CPP Group takes on 160,000 policies from Business & Domestic Insurance Services.
CPP Group, which describes itself as an InsurTech company and provides ancilliary products, has bought niche broker Business & Domestic Insurance Services (B&D) for an undisclosed sum.
The deal represents CPP’s first move into the UK insurance broking space.
CPP has acquired the business from B & D’s parent company, Motorway Direct, a supplier of insurance products to the automotive industry.
A statement from CPP detailed that B&D provides added value insurance products in the UK. Its
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