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Purchase would create one of UK’s largest brokers

Posted On: Sep. 25, 2020 8:55 AM CST

M&A

Specialist insurance broker Howden Broking Group Ltd. has agreed to acquire U.K.-based commercial and personal lines insurance broker A-Plan Group Ltd., Verdict reports. The acquisition would create one of the biggest insurance brokerages in the U.K., managing more than £4 billion ($5.24 billion) of gross written premium.

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