Aviva is expected to announce later this week which private equity firm has won the race to buy RAC.
Final bids were submitted on Friday, and there are two out of three remaining buyout firms still in the hunt.
The private equity firms include BC Partners, Carlyle Group and Clayton Dublier & Rice.
The sale of RAC, handled by JP Morgan, is expected to fetch anywhere between £600m and £900m.
Aviva declined to comment.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
