BVCA branches into insurance

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The British Private Equity and Venture Capital Association (BVCA) has launched BVCA Insurance Services.

BVCA said the new insurance arm would bring increased insurance purchasing effectiveness, introduce bespoke products and act as an independent information source to BVCA members and their approximately 6,000 investee companies whose spend on insurance is estimated to be in excess of £1bn per annum.

Chairman of the BVCA, Hugh Lenon, said: "The launch of BVCA Insurance Services represents a significant development and is illustrative of our commitment to provide new and valuable services to our

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