A spokesperson for Markerstudy Group has confirmed that backer Pollen Road Capital, along with Markerstudy, has agreed to purchase Gibraltar-based Collingwood Insurance coverage Providers.
The enterprise specialises in motor insurance coverage for learner and younger drivers, taxi and couriers. The deal, first revealed by sister title Insurance coverage Publish, is topic to regulatory approval.
Collingwood was based in 2006 and has an workplace in South Shields.
The Markerstudy Distribution division will take up the broking arm of Collingwood, below the management of CEO Ian Donaldson.
Strategic
The insurance coverage aspect will probably be managed by Pollen Road which invested in Markerstudy in 2021.
RelatedMarkerstudy in
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