Jensten Group-funder makes Ireland move
Livingbridge has taken a stake in independent personal lines broker Chill Insurance.
Livingbridge, a mid-market private equity investor, has announced investment in Chill Insurance, a personal lines broker based in Dublin.
Chill has around 250 staff and was founded in 2006 by brothers Padraig and Seamus Lynch. It now has 200,000 policyholders and 6% of market share.
The deal was for an undisclosed sum.
Livingbridge remarked that Chill offers 14 carriers via multi-channel service and highlighted that it has invested £10m in its IT infrastructure over the past four years.
Deal
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