Deutsche Bank and JP Morgan lined up

Peter Wood Esure

Esure has appointed Deutsche Bank and JP Morgan to oversee the company’s bid to float on the stock exchange, Sky News has reported.

Direct Line founder Peter Wood, who also owns female driver-targeted insurer Sheila’s Wheels, is aiming for an initial public offer in the second half of next year and hopes to raise £2bn from the sale, Insurance Times reported earlier this year.  

Wood and his management team own 55% of the company with the balance in the hands of  private equity company Tosca Penta.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.