Equity has confirmed that its £570m acquisition by Insurance Australia Group (IAG) has completed today.
The FSA and Lloyd's have granted regulatory approval to the purchase of the broker, which represents IAG's fourth major foray into the UK insurance market, following Hastings, Lloyd's managing agent Alba Group and Advantage, all of which were acquired last year.
Equity chief executive Neil Utley commented: “The completion process has been smooth and rapid, and as a management team we have retained focus on growing our business. IAG's strength and resources will provide the means to accelerate the execution of our expansion strategy.”
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.
