Arag and Das have exited the state of limbo and might now energy ahead with the mixing of the 2 companies, the bosses have instructed Insurance coverage Age.
Talking on the British Insurance coverage Brokers’ Affiliation Convention, Arag UK CEO Tony Buss and chief working officer Tony Coram confirmed that senior administration operate regulatory approval got here via in April.
Although the deal to carry Arag and Das collectively was struck in July 2023 and accomplished in January 2024, with out the ultimate piece of the jigsaw, the leaders had been in “limbo”, Buss famous.
The primary a part of this 12 months has been the design part, relatively than taking choices, Coram concurred:
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