Jensten Group-funder makes Ireland move
Livingbridge has taken a stake in independent personal lines broker Chill Insurance.
Livingbridge, a mid-market private equity investor, has announced investment in Chill Insurance, a personal lines broker based in Dublin.
Chill has around 250 staff and was founded in 2006 by brothers Padraig and Seamus Lynch. It now has 200,000 policyholders and 6% of market share.
The deal was for an undisclosed sum.
Livingbridge remarked that Chill offers 14 carriers via multi-channel service and highlighted that it has invested £10m in its IT infrastructure over the past four years.
Deal
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
Brown & Brown promotes Callan to retail CEO
Brown & Brown Europe has appointed Carolyn Callan as CEO for UK retail, just over a week after Insurance Age revealed the departure of Duncan Carter.
Marginal improvement but still only one-third of brokers have net zero plan
Only 35% of brokers have a plan to achieve net zero emissions, and/or are already implementing one, according to research by Aviva.
Reminder – The 2024 UK Broker Awards deadline is 7 June
With a deadline of 7 June you have just over a week left to get your entries in for the 2024 UK Broker Awards.
NSM to buy AllClear owner
NSM Insurance has signed up to buy InsurEvo Group, including AllClear Insurance, InsureandGo and JustCover, from Synova.
SRG drives into motorsport with Allianz hire
Specialist Risk Group’s managing general agent, MX, is on the starting grid for the launch of a specialist motorsport underwriting offering, and has added a new leader.
Beaven promoted to group MD at Academy, Mountifield joins as COO
Academy Insurance has promoted Richard Beaven to the newly created role of group managing director with Nick Mountifield joining from PIB as group chief operating officer to succeed him.
Ripe targets three new products this year – CEO Williams
Insurtech broker Ripe is looking to launch another three products this year, possibly four if one can “squeeze it through the door” at the end, according to CEO Paul Williams.
Only one in 10 consumers aware of ‘ghost broking’ threat
Ninety percent of people who have heard of online insurance fraud are unaware of the term ‘ghost broking’, according to the Association of British Insurers.
Most read
- Industry pays tribute to former colleague Geoff Kitchen, who died on Singapore Airlines flight
- Biba 2024: Aviva’s Rebecca Gambrell on evolving the digital future
- Four insurers able to restart selling GAP insurance – FCA