Markel not going into broking following Caunce O'Hara deal
Divisional MD, Neil Galjaard, says Markel will retain the Caunce O'Hara brand and keep all twelve staff, after buying the broker's contractor and freelancer business.
Markel’s purchase of Caunce O’Hara’s direct business means it will have over 50,000 customers buying direct.
Markel revealed it was set to buy Caunce O’Hara’s contractor and freelancer business last week, subject to regulatory approval.
Divisional managing director for Markel UK, Neil Galjaard told Insurance Age: “We would hope that we would complete in November but we’re waiting to hear back from the FCA.”
Galjaard explained that Markel had been supplying Caunce O’Hara’s legal expenses
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