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Appointed representatives (AR)

Momentum Equity Partners launches

Momentum Broker Solutions has created Momentum Equity Partners – backed by investor AUB – to support its appointed representatives with acquisitions and starting loans, Insurance Age can reveal.

AUB takeover talks end

AUB Group, owner of Tysers, Movo and a shareholder in Momentum, has confirmed the end of sales talks with a consortium of private equity investors in a move that has knocked 17.8% off its share price.

Bournemouth-based broker launches

Gary Boome has launched Bournemouth-based broker Renata Group, offering commercial and personal lines insurance products as an appointed representative of Momentum Broker Solutions.

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