Broker leaves RBSI in management buyout
RBS Insurance (RBSI) has agreed to sell Devitt Insurance Services to its existing senior management team, lead by managing director William Hughes.
The sale, currently subject to Financial Services Authority approval, sees the management team take control of office locations in Romford and Ipswich, with a staff of 159 people across the two sites.
Darrell Evans, managing director, sales, service and partnerships at RBSI said: “Devitt Insurance Services is a great business but is one that no longer fits in with our strategic direction. William and the team have a great deal of experience and a fantastic reputation in the industry and I am
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