Miller secures independent future as PE firm is bought out

James Hands

Insurance broking firm Miller has announced that its private equity backer, Cinven, has agreed to sell its shares in the firm.

GIC, the other firm which acquired Miller with Cinven back in 2021, has increased its investment in the broker, buying out Cinven’s shares.

Together, GIC and Cinven bought Miller from Willis Towers

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Five charged over collapse of law firm Axiom Ince

The Serious Fraud Office has charged five men, including two solicitors, with offences including fraud, forgery and the destruction of documents, following the collapse of the law firm Axiom Ince and alleged improper use of more than £60m of client money.

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