Blog: Covéa says goodbye to Swinton
Jonathan Swift reflects on the long and bumpy road to an amicable divorce for Swinton and former owner Covéa.
What do the following have in common?
Bluefin, Bollington, Carole Nash, Endsleigh, Hastings, Kwik Fit and Simply Business?
Answer: They have all been acquired [or been invested in] and subsequently sold again by insurers in the 17 years between Covéa [then MMA] buying Swinton in 2001 and selling it this week.
Whilst Ageas [Kwik Fit], Axa [Bluefin], Brit [Simply Business], Groupama [Carole Nash and Bollington], IAG [Hastings] and Zurich [Endsleigh] all came and went as insurer owned-brokers
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