Allen & Allen at a Tangent.
The Allen & Allen Group has purchased the name, goodwill and book of business of Tangent Holdings fr...
The Allen & Allen Group has purchased the name, goodwill and book ofbusiness of Tangent Holdings from administrators. Tangent has an £8.5m
gross premium income and will be merged with Allen & Allen's existing
activities. Tony Allen, chief executive of the Allen & Allen Group, said:
"The deal is a reflection on the current climate - it has become
increasingly competitive for small to medium-sized brokers with a great
deal consolidation." Allen & Allen has an annual turnover of £85m and
plans to
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