Saga has right now confirmed it’s in discussions with Ageas with “regard to a possible partnership association for its insurance coverage enterprise”.
The listed over-50s specialist made the announcement following a report on Sky Information a few “long-term partnership association” between the 2 organisations.
If profitable, the deal may finish long-running hypothesis about Saga’s future and its insurance coverage pursuits.
Former Aviva group CEO Mark Wilson spearheaded an unsuccessful private-equity backed strategy for the Saga Group in 2018.
Then, talks between Saga and Australian insurtech Open Insurance coverage Applied sciences to promote its insurance coverage enterprise
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