PSC Insurance Group buys Carroll Insurance Group for £3.4m
Deal sees CIG join the group's existing Carroll Holman Insurance Brokers business in London.
PSC Insurance Group (PSI), headquartered in Australia, has bought London-based Carroll Insurance Group (CIG) for £3.4m.
The business detailed that the deal included 100% of the share capital, excluding net assets, and that the transaction was funded using existing cash resources.
CIG is a direct and wholesale broker, operating in the Lloyd’s and London markets. It offers business and home insurance as well as niche lines such as kidnap & ransom and travel & personal accident.
Bolt-in
Accordin
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