In March 2024, the Company acquired a 30% Cumulative Preferred Ordinary shareholding in Devonshire UW Limited, a London-based underwriting agency specializing in transactional risk insurance.
Information on the Target
In March 2024, the Company acquired a 30% Cumulative Preferred Ordinary shareholding in Devonshire UW Limited ("Devonshire") through a holding company structure. Devonshire is a London-based underwriting agency that specializes in transactional risks, specifically in the areas of Warranty & Indemnity, Specific Tax, and Legal Contingency Insurance.
Founded by industry veterans Natasha Attray, James Dodd, James Fletcher, and Charles Turnham, Devonshire's management team possesses over 30 years of combined experience in transactional liability underwriting. This expertise allows them to offer tailored insurance solutions that address the unique challenges faced by their clients in high-stakes transactions.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The underwriting sector in the United Kingdom is robust and competitive, driven by a strong demand for insurance solutions that can mitigate risks associated with merge
Similar Deals
Nationwide Building Society → Virgin Money Investments
2024
The Company
invested in
Devonshire UW Limited
in 2024
in a Other deal