Jubilee parent targets Direct Group
The parent company of Lloyd's managing agency Jubilee is in talks to acquire a stake in insurance administration specialist, managing general agency and top 50 broker Direct Group, Post Online has learned.
Ryan Specialty Group, which acquired Jubilee in May 2011, is expected to buy out Doncaster-based DG's private equity backer LDC. It is not known whether the deal extends to Direct Group's other
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