SC Insurance and Risk Services, SGPS, SA, a subsidiary of the Portuguese corporation Sonae SGPS, S.A. has agreed terms for the acquisition of approximately 14% of Cooper Gay (Holdings) Ltd with an option to increase its holding to 28%.

Commenting on the agreement, Toby Esser, chief executive officer of Cooper Gay said: “Sonae has been a close business partner of Cooper Gay for a number of years. I am therefore delighted that such a prestigious company has chosen to take a minority interest in Cooper Gay. Through this investment, Cooper Gay has secured its long-term future as an independent broking operation and gained the financial resources to support its strategic growth plans."

Completion of the transaction is subject to competition clearance and regulatory approval.

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.

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