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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Government to consult on leasehold commission ban

In a written statement published yesterday, the Minister of State for Housing, Communities and Local Government has said the government “will go out to consultation very shortly on the detail of the Act’s ban on buildings insurance remuneration”.

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