Claims Direct's founders and major shareholders Colin Poole and Tony Sullman have made an official offer to buy out the company's remaining shareholders.
They have submitted an offer of 10p a share, which is below Claims Direct's current share price of 12.5p, and values the company at £11m.
Sullman and Poole, who own 42.9% of Claims Direct's shares, have formed a new company, Barker Securities, for the purpose of making the offer.
Independent directors David Hickey and David Hankinson are expecting Sullman and Poole to issue a formal offer document and have urged Claims Direct shareholders to take no action at this stage.
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.
