US venture capital firm Capital Z has acquired 51% of broker SBJ Group, as predicted exclusively by Insurance Times (10 June)
Market sources suggested that Capital Z could be planning to fund the purchase of SBJ's franchises before floating the company in a few years.
SBJ became a private company in 1999 after a management buyout and has promoted itself on its independent status. According to reports, SBJ struck the deal to fund future expansion.
SBJ chief executive George Boden was unavailable for comment when Insurance Times went to press.
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.
