Neil Utley and backers Fieldstreet confirmed today they had received valid acceptances...
Neil Utley and backers Fieldstreet confirmed today they had received valid acceptances for 90% of the total share capital of Cox Insurance holdings.
Utley can now effectively force the remaining share holders to sell up, making the offer unconditional in all respects.
It is understood Utley will now be looking to de-list Cox from the London Stock Exchange.
Remaining members of Cox's board will be forced into retirement.
Utley told Insurance Times: “This is fantastic news. It's going to be a good weekend!"
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.
