Brit Insurance Holdings has bought the commercial book of Creechurch.
Brit will be able to offer renewals to property and commercial combined clients of Creechurch by the end of 2003.
Brit expects the deal to bring in £40m of gross written premium for 2004.
Creechurch chief executive Bruce Graham said: "We have been very successful in building the UK commercial business through our subsidiary, Charrington Insurance.
"The capacity provided by Brit for the property and commercial combined business will enable Charrington to continue to develop this portfolio for the remainder of 2003, allowing Brit to maintain this expansion in 2004."
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.
