Gryphon Group Holdings to acquire Guardian Assurance

Protection business to be named Guardian

Victoria McKeever
clock • 1 min read

Gryphon Group Holdings is to acquire Guardian Assurance, using its name for the firm's protection business.

As part of the acquisition Gryphon has bought the rights to the firm's trading names, including immediate rights to use the Guardian name. No policyholders or assets are affected, it said. Gryphon will use the Guardian brand name for the new protection business it is building. It raised £180m from the City to design, build and launch an insurance challenger that seeks to protect more families in the UK.   Craven Street Capital acted as Gryphon's financial adviser for the purchase.   Gryphon Group Holdings chief executive Simon Davis (pictured) said: "Our ambition is for every famil...

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