UK motor insurer Cox Insurance has confirmed reports of approaches from potential buyers.
It was reported that Cox had held talks with a consortium led by Neil Utley, the former chief executive of its core retail division who was ousted just five months ago.
According to reports, Utley is believed to have secured backing from Englefield Capital, the UK venture capital group, and the private equity arm of Lloyds TSB.
In a statement to the London Stock Exchange, Cox said it was "in preliminary discussions that may or may not lead to an offer for the company at a material premium to the recently traded share price".
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.
