Folgate doubles expected growth
Three acquisitions worth a total of £550m premium could take the Folgate Partnership's premium inco...
Three acquisitions worth a total of £550m premium could take theFolgate Partnership's premium income to £850m this year, according to
executive chairman Peter Cullum. The Folgate Partnership originally
planned to achieve £400m in its second year.
Mr Cullum would not reveal the acquisition targets but all three fall
outside the broker hub and spoke broker acquisitions the company has made
to date. One of the companies is thought to be a reinsurance company,
based outside the UK.
The Folgate
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