4 January 2017Insurance

BGC Partners to acquire Besso for £70m

BGC Partners Inchas will acquire 100 percent of Besso in a deal that values the broker at approximately £70.5 million subject to various adjustments.

The deal means that BP Marsh & Partners, the specialist venture capital investor, will sell its entire 37.94 percent shareholding in Besso Insurance Group for cash.

Besso commenced a strategic review of its business in August 2015.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Hurricane Polo losing steam, still expected to cause damage; all eyes on cat bond triggers

28 September 2026 Parametric pre-occurrence trigger of 937mb signals relief for Mexican government.

WTW brings AI into its Radar Vision portfolio platform

28 September 2026 Capability aims to identify emerging risks and translate signals into action.

Brindle’s Fidelis plots IPO, offers inside look at ‘super MGA’ model

28 September 2026 No specifics yet on offer size, price or timing.

More articles

Hurricane Polo losing steam, still expected to cause damage; all eyes on cat bond triggers

Fortitude Re expands insurtech capabilities with annuity platform buy

WTW brings AI into its Radar Vision portfolio platform

Brindle’s Fidelis plots IPO, offers inside look at ‘super MGA’ model

Reinsurance prices won’t hit floor until 2030, says Jefferies

P&C market splits as property softens and casualty stays firm: IMA

Hive Underwriters moves into property D&F with Sompo veteran

Aon fires up infrastructure growth with gas power lifecycle programme

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze