RSA buys Oak Underwriting
RSA has confirmed the acquisition of Oak Underwriting for an undisclosed sum.
According to the insurer, the acquisition establishes it as a top three player in the high net worth market. RSA added that it saw the purchase as a major development in its strategy to invest in and grow its mid and high net worth portfolios.
Steve Kingshott, managing director of personal lines, broker, at RSA said: "In the past 10 years, Oak has steadily built a strong reputation amongst brokers in the high net worth household insurance market for excellent customer service and expert
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