Staff who own shares could receive as much as £170m
Cooper Gay has appointed UBS to prepare it for a £250m stock exchange listing this year or next that could mean a shareout of as much as £170m for 160 employees who own 70% of the company, The Times reports.
Chief executive Toby Esser owns the biggest stake.
The other 30% is owned by Portuguese investment giant Sonae, which has helped to fund the company’s expansion.
The business was founded by David Gay and the late Derek Cooper in 1965. Gay will miss out because he sold his shares back to the company when he retired as a non-executive director in 2005.
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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.
