Assureweb close to new deal?

clock

Industry speculation suggests Assureweb is close to signing a new shareholder deal with a consortium of life insurance companies.

At present, Aegon, Clerical Medical, Friends Provident, Norwich Union and Scottish Widows together hold a 40% stake in the IFA platform, however, some of that deal was scheduled to run out in May this year. Sources suggest an announcement will be made next month, which could see the arrival of at least one new name to the shareholder group and might allow existing providers to increase their stake in the technology platform owned by Misys. Spokespersons for Aegon, Norwich Union, Scottish Widows and Sesame all say they are unable to comment on market rumour and speculation. A spokes...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Adviser AI usage more than doubles in last year

Adviser AI usage more than doubles in last year

Rises from 29% to 60%, SOTAN findings reveal

Isabel Baxter
clock 25 February 2026 • 3 min read
Wealth managers back AI adoption despite growing client unease

Wealth managers back AI adoption despite growing client unease

Avaloq survey

Michael Nelson
clock 25 February 2026 • 1 min read
The unnamed advantage: Why our AI doesn't have a name

The unnamed advantage: Why our AI doesn't have a name

While transformative AI is just a tool – to be used by people, for people

Joshua Knight
clock 24 February 2026 • 4 min read