Markerstudy completes Hughes buy – Insurance coverage Age

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Are Northern Ireland brokers feeling the personal lines capacity squeeze more than most? - Insurance Age

Markerstudy Group has accomplished the acquisition of Northern Eire based mostly Hughes Insurance coverage because it seems to construct within the area.

The takeover was confirmed in July, with Hughes being purchased from Liberty Mutual Insurance coverage, and got here a month after Markerstudy accomplished its take care of Atlanta.

Liberty had purchased the dealer in 2014 and held on to Hughes in March 2023 when it struck a deal to promote its private strains and small industrial operations in Western Europe to Generali for €2.3bn (£1.97bn).

RelatedLiberty buys Hughes Insurance coverage 

Hughes has 85,000 prospects and has experience throughout the motor, residence, van, journey and industrial

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