Firstassist sold by venture capitalist owners
Firstassist Legal Expenses Insurance is to be acquired from Equistone Partners Europe by Burford Capital.
Sir Peter Middleton, GCB, Burford’s chairman, will become chairman of Firstassist Legal Group Holdings.
Capacity will continue to be provided by Great Lakes Reinsurance (UK).
Peter Smith, managing director of Firstassist, said: “This is an exciting development for Firstassist which brings to life our clear strategic vision for sustained future growth.
"Acquisition by Burford is a great meeting of minds, skills and resource, and provides Firstassist with a complementary product in third-party
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