Co-operative Group Limited has let go of its underwriting unit for the benefit of its insurance distribution business.
The Co-op’s CIS General Insurance Limited is being sold to Markerstudy for £185 million. Meanwhile a 13-year agreement with the latter, to distribute motor and home insurance products, has also been reached.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.