Jelf to sell AUA to Higos
Aim listed broker Jelf group has announced it will sell the existing book of business, including the database of supporting retail brokers, of underwriting agency AUA to Higos Insurance Services. The transaction is due to complete on 31 July 2006.
AUA was acquired as part of the acquisition of the Goss Group, which Jelf bought in March of this year. The decision was taken to dispose of AUA because its activities, as a wholesale broker, are not
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