Zurich pulls out of Openwork ownership

Insurer will divest its stake over four years

Carmen Reichman
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Zurich pulls out of Openwork ownership

Insurer Zurich will sell its 25% stake in adviser network Openwork over the coming four years, the companies have announced.

The insurer has agreed to transfer its shareholding to Openwork gradually before March 2020, marking the end of its 15-year ownership. It is not known how much Zurich will earn from the sale of its...

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