Zurich Financial Services is close to selling Claims Management Group Ltd (CMGL) to private equity firms Sovereign Capital or Gresham, reports said today.
CMGL is in advanced talks with the two company's and is expected to enter exclusive talks with one party by the end of the month.
The run-off firm manages $5bn in gross liabilities globally. It also manages insurance schemes on behalf of the Lloyd's of London syndicates and the FTSE companies.
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.
