Financials Acquisition Corp to float on Stock Exchange
The special acquisitions company is looking to raise £150m to drive MGA and tech deals.
Financials Acquisition Corp has announced its intention to float on the London Stock Exchange to raise up to £150m.
Finsac is a special acquisition vehicle that will focus on snapping up a technology-enabled company or business operating principally in, or adjacent to, the insurance or broader financial services industry.
It has been formed to do this through an initial merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination.
Founded by
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Biba 2025 Countdown: Premium Credit’s Owen Thomas
Ahead of the annual event, Owen Thomas, chief sales officer at Premium Credit, underlines the importance of growing compliantly in uncertain economic times, recommends a reliable pit stop to refuel, and nominates Arch’s Mike Bottle as good football manager material.
Ex-Aviva boss Tiernan named new CEO at Lloyd’s
Patrick Tiernan has landed the top job at Lloyd’s being promoted to CEO, the marketplace has confirmed.
AUB UK Retail targeting 25 deals in 18 months
AUB UK Retail is looking to make 25 buys before the end of next year, with CEO Bob Pybus eyeing up building a £1bn premium business through acquisitions and organic growth, Insurance Age can reveal.
Markel launches clinical trials product
Markel Insurance has launched a clinical trials insurance product, which it stated has been designed to support research and product development on an international scale.
Biba 2025 Countdown: Broker Insights’ Peter Scott
With exactly a week to go until the conference, Peter Scott, CEO of Broker Insights, advocates meaningful conversations, describes Biba as ‘a marathon, not a sprint,’ and suggests delegates take a moment to reflect at the Alan Turing Memorial in Sackville Gardens.
News analysis: Does the UK broking community actually need another network?
With Jensten becoming the latest addition to the network landscape in March, Martin Friel assesses whether the sector is over subscribed and reflects on how these operations have evolved over the last three decades.
Quarterly weather related claims top £200m for first time – ABI
The Association of British Insurers has found claims for weather-related damage to people’s homes and possessions has hit £226m for the first time ever between January and April.
Start-up broker to launch in Q3 targeting motor
Pizza, a start-up insurance broker, is set for its consumer launch in the third quarter of 2025.