Blog: Covéa says goodbye to Swinton
Jonathan Swift reflects on the long and bumpy road to an amicable divorce for Swinton and former owner Covéa.
What do the following have in common?
Bluefin, Bollington, Carole Nash, Endsleigh, Hastings, Kwik Fit and Simply Business?
Answer: They have all been acquired [or been invested in] and subsequently sold again by insurers in the 17 years between Covéa [then MMA] buying Swinton in 2001 and selling it this week.
Whilst Ageas [Kwik Fit], Axa [Bluefin], Brit [Simply Business], Groupama [Carole Nash and Bollington], IAG [Hastings] and Zurich [Endsleigh] all came and went as insurer owned-brokers
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on People
Allianz Commercial UK boss Côté departs to join RSA in new CEO role
Allianz Commercial managing director UK Nadia Côté has left the insurer to join RSA as CEO Europe.
Meet the MGA: Kayzen Specialty
Kayzen Specialty founder and CEO Charles Boorman explains to Jonathan Swift his plans for the MGA to be a go-to market for financial lines through continuous improvement across its three pillars of broker-centric, underwriter-fronted and tech-focused.
Ex-BGL CEO Thompson takes over as Open GI chair
Open GI has appointed former BGL CEO Peter Thompson as its chair, effective immediately.
People Moves: 11 – 15 November 2024
Stay in the loop with the latest personnel moves in insurance.
RSA specialty lines MD Watson departs, with PL boss Cope stepping up
Steve Watson, managing director of UK specialty lines at RSA has left the insurer.
Allianz recruits from Hiscox for new mid-market boss
Allianz Commercial has appointed Rob Carslake as its new head of London region for mid-market.
MD Beales retirement leads to string of senior hires at legal expenses insurer
Drive Further Collective, owners of Financial & Legal, has restructured several of its leadership roles following the decision by managing director Karen Beales to retire from her executive position and move to a non-executive capacity at the end of October.
Howden opens in Canterbury
Howden Insurance has opened in Canterbury, adding to its network of over 200 branches.