Management buyout (MBO)
Profile - Henry Engelhardt: Admiral of the fleet
Henry Engelhardt was at the bow when the Admiral ship first set sail and he led the company onto the stock exchange when it floated in 2004. Emmanuel Kenning talks to the CEO about claims, pricing and the source of great market envy - the provider's COR.
RBSI gives green light to Devitt Insurance Services MBO
RBS Insurance (RBSI) has agreed to sell Devitt Insurance Services to three of its existing senior management team, led by managing director William Hughes.
Agenda: Hopes for the New Year
Ten years have passed since the dawn of the new millennium. The predictions of economic meltdown because of the millennium bug were false but we have seen crises that have had enormous impact on the global economy: 9/11, the crash of the dot-com bubble…
Broker leaves RBSI in management buyout
RBS Insurance (RBSI) has agreed to sell Devitt Insurance Services to its existing senior management team, lead by managing director William Hughes.
Focus - Broker funding: Finding your way through
With the major banks still cautious about lending, brokers are finding it tough to access funding for growth. Rachel Gordon looks at the options.
News review: October
The founder and chairman of direct insurer Esure, Peter Wood, revealed that 2014 would be the earliest date that the company would launch an initial public offering.
How to complete an MBO: Successful successions
MBOs provide a fantastic opportunity for management teams to get a taste of acquisition activity in a familiar market. Mike Pawson gives guidance on how to ensure the deal runs smoothly.
IAG Neil Utley backs £74m buyout
KBC Group and KBC Peel Hunt have reached agreement on a buy-out of KBC Peel Hunt for a total consideration of £74m.
Utley quits IAG to focus on his own investments
Neil Utley has revealed his intention to return to his entrepreneurial roots after quitting his role as chief executive of Insurance Australia Group's (IAG) UK business.
The PB interview - Bill Cooper: Bright light in the gloom
Andrew Tjaardstra meets Bill Cooper, managing director for insurance in the financial institutions division at Lloyds TSB Corporate Markets. Despite being cautious about prospects for brokers as the UK's economic malaise continues, the firm is very much…
Hastings Direct in no rush to roll out branch network
Hastings Direct has denied speculation that its branch network plans have been shelved following continued delays to the project.
Lanes Assistance Services in MBO
Gresham, the UK mid market private equity specialist, has completed an investment of £12.3m in Lanes Assistance Services (LAS).