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Willis agrees Opus buyout

Willis has agreed to acquire UK regional insurance broking and group benefits consultancy business O...

Willis has agreed to acquire UK regional insurance broking and group benefits consultancy business Opus from European buyout firm Bridgepoint Capital. Opus has annual general insurance and group benefits revenues of approximately £13m. The independent financial adviser business of Opus will trade as a separate entity for regulatory reasons.

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GI AR numbers fall again

The general insurance and protection sector saw the biggest fall in the number of appointed representatives last financial year, the Financial Conduct Authority has calculated.

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