Carole Nash seeks £100m GWP post-sale

Carole Nash has been bought by French mutual insurer Groupama UK and is to be run as a separate busi...

Carole Nash has been bought by French mutual insurer Groupama UK and is to be run as a separate business to Groupama Insurances. Carole Nash, who owned 67% of the business, started it with a redundancy cheque from Norwich Union and has sold the business for an undisclosed sum, possibly £70m. The remaining shares belonged to Nash's son Malcolm, technical development director who owns 20% and daughter Jane, a non-executive director, with 13%. Nash will officially retire but will then take on an

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