Resolution Underwriting & Ashbrooke Acquire Sportscover Europe and Active Underwriting Specialists

May 18, 2021

Resolution Underwriting Holdings and Ashbrooke Group have completed the acquisition of Sportscover Europe and Active Underwriting Specialists, the European operations of Sportscover Australia Group. The deal gives the buyers specialist MGA capabilities and FCA regulatory permission to operate in Europe while allowing Sportscover Australia to focus on growth in the Asia‑Pacific and North America markets.

Buyers
Resolution Underwriting Holdings, Ashbrooke Group
Targets
Sportscover Europe, Active Underwriting Specialists
Sellers
Sportscover Australia Group
Industry
Insurance
Location
England, United Kingdom
Transaction Type
Divestiture

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