The managers of Open & Direct's insurance broking and premium finance business have bought Belfast-based business for £111.4m from Viridian Group plc.
Managing director Paul Elliot and five senior ...
The managers of Open & Direct's insurance broking and premium finance business have bought Belfast-based business for £111.4m from Viridian Group plc.
Managing director Paul Elliot and five senior executives were supported by London private equity firm Alchemy Partners.
They have set up Open & Direct Holdings Ltd as a new company.
Their purchase includes three Northern Ireland-based intermediaries, the premium financing product PremiumFirst, which was launched late last year in the UK and Ireland and the successful retail credit business.
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.
