Markerstudy to purchase Northern Eire dealer Hughes Insurance coverage – 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 confirmed plans to purchase Hughes Insurance coverage, only a month after finishing its cope with Atlanta.

Liberty Mutual Insurance coverage purchased Newtownards-headquartered High 100 UK dealer Hughes in 2014.

The insurer 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).

The most recent transaction, for an undisclosed sum, stays topic to regulatory approvals and customary circumstances.

Established practically 50 years in the past, Hughes has greater than 85,000 clients throughout the motor, house, van, journey and

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