Asset manager ICG invests in Staysure
Global asset manager ICG has taken a minority stake in travel insurance specialist Staysure.
The broker did not reveal the size of the investment, but it did confirm that founder Ryan Howsam remains the majority shareholder.
Howsam was succeeded as group CEO by Finn Walsh in January but has stayed involved with the business.
Founded in 2004, Staysure focuses on older individuals and those with pre-existing medical conditions.
It has grown in the past 20 years to more than £450m of gross written premium across more than four million policies with over 600 staff. The expansion has come
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.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
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. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Eleven Network launches directly authorised offering with 125 members target
Acrisure-owned Eleven Network has launched an offering for directly authorised brokers delivering on a promise made after the deal for appointed representatives specialist Ten.
Biba 2024: Sedgwick’s Nicoll sees opportunity in entertainment emerging risks
Ex-Hollywood producer Alex Nicoll, head of media and entertainment at Sedgwick, has explained how his experience and having insider knowledge allows him to empathise with a situation in the sector and make quick decisions.
Biba 2024: Gallagher’s Peter Matthews upbeat on prospects for North West
Gallagher’s area managing director for the North has hailed ongoing organic growth in the North West and improved insurer service as the broking giant eyes up more acquisitions.
Natasha Pettet to lead schemes at Hiscox
Natasha Pettet will be joining Hiscox as head of schemes on 1 July, Insurance Age can reveal.
FCA improves all broker-impacting authorisation metrics
The Financial Conduct Authority has built on its steady progress in delivering authorisations with an across-the-board improvement in the areas affecting brokers.
Biba 2024: Experts have mixed outlook on UK economy
In the Biba 2024 conference session ‘What’s next for the economy?’, hosted by Clive Myrie, the panel expressed mixed views on the outlook for the UK, focusing on productivity, regulation and the election.
MGA launches SME and mid-market e-trade platform
Specialist mid-market and SME managing general agent Generation Underwriting has launched a digital e-trade platform.
Arch goes live on Applied
Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.
Most read
- ‘Not right’: Biba CEO Trudgill reveals sad letter of small broker crushed by regulation
- Jensten wholesale division split sees MD Simon Taylor exit
- Biba 2024: Aviva not afraid of ‘tough’ conversations, but ‘categorially’ committed to broker PL, says MD Morris