Brown & Brown Europe has acquired 100% of the share capital of commerce credit score insurance coverage options specialist, CI Group.
The deal, for an undisclosed value, has acquired regulatory approval.
CI Group gives credit score insurance coverage options for banks and different industrial lenders by way of its in-house developed know-how platform, E-Bonded.
Based in 2000, the enterprise additionally facilitates entry to debtor insurance coverage for UK SME companies.
The CI Group’s insurance policies are underwritten by AIG with its buyer base starting from £250,000 to £250m in annual turnover.
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