Big spending investors Tom Duggan and David Saville, along with Ian Donald, have clubbed together to declare their 15.1% ownership in THB, a stock exchange announcement reveals today.

US broker AmWINS is looking to buy the Frank Murphy-led Lloyd’s broker THB.

THB is currently valued at £28.27m on the stock market, meaning the trio hold a £4.2m stake.

Duggan and Saville have been investing privately since selling high street broker A Plan to private-equity backed-management for £150m in 2008.

The pair also own stakes in Hastings and Advantage, which is scheduled for a £500m float in January next year.

Tech Awards 2025

Topics