Amlin backed Miles Smith, has announced the long-awaited deal with RL Davison which we believe has been under discussion for almost a year following the rather sudden and unexpected (!) departure from RLD of Stephen Card last year.
It has also been announced that Parker
Norfolk has now become a wholly owned subsidiary of
Miles Smith.
RL Davison has already transferred its UK motor and commercial London
market operations to Miles Smith and will operate as RL Davison
London Market Broking with the team transferring to Miles Smiths' London
office.
RL Davison's
international, marine and reinsurance business will remain independent.
The
acquisitions take Miles Smith's gross written premium to over £180m and
increases headcount to over 150.
Author:
Emmanuel Kenning, Insurance
Age, 22 Nov 2011
Dr John C Mitchell
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