Insurance Post

Markerstudy picks up 9% Brightside stake

Martyn Holman

Gibraltar-based motor insurer Markerstudy has acquired a 9.3% stake in Brightside, including the shares of former chief executive and co-founder Arron Banks.

The investment follows the Brightside launch of an underwriting facility backed by Markerstudy to support its E-Car product in October 2012.

In a London Stock Exchange announcement, Brightside CEO

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