Ageas Insurance Limited has today (15 February 2022) announced agreement for the sale of its commercial lines front book business to AXA Insurance UK PLC for an initial purchase price of £47.5 million. The transaction represents the latest step in the execution of Ageas’s UK strategy of focussing on its market-leading personal lines business.
Slaughter and May is acting for Ageas Insurance Limited, working closely with the in-house legal team led by UK General Counsel, Bruce Love, and Group Legal Counsel (M&A), Julianne Ellis.
Corporate
Robert Longman
Associate
IP
David Ives
Partner
Data Protection
Rebecca Cousin
Partner
Pensions and Employment
Simon Clark
Associate
Tax
Dominic Robertson
Partner