Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018

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Ex-Cooper Gay CEO Esser returns with acquisition

  • Adam McNestrie 8 August 2017
  • Former Cooper Gay CEO Toby Esser has struck a deal to acquire independent London broker AFL, The Insurance Insider can reveal.

    Sources told this publication that the deal was in place and could be announced as soon as this week.

    AFL is a small staff-owned Lloyd's and retail broker with around £5mn ($6.5mn) of revenues. The firm will be acquired by Esser's comeback vehicle Next Generation.

    When the deal completes, it is understood that Esser will join AFL as executive...

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