Esure

Lloyds sells Esure stake to founder Peter Wood for £185m

Lloyds Banking Group has sold its 70% stake in esure, the online insurer, to a management buyout vehicle to be called Esure Group Holdings, led by Esure chairman Peter Wood, for a cash consideration slightly in excess of book value in the Lloyds Banking…

NU boss lauds Ebay potential

The head of one of the UK's leading affinity insurers has predicted that non-insurance internet brands are likely to represent one of the most fruitful areas moving forward.