Direct Life, which owns LifeQuote, is being purchased from Cardif Pinnacle Insurance Holdings, by its managing director Rob Quayle and sales and marketing director Neil McCarthy.
The Financial Conduct Authority has already approved the change in control and completion is expected at the end of October. Chichester-based Direct Life employs more than 90 people, all of whom will...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year