French Broker Merges UK Business Insurance Specialists

Law360, London (December 2, 2019, 2:40 PM GMT) -- British insurance broker ICB Group will merge with specialist broker Finch to form a new company under ICB's European parent, Verlingue, the two companies said Monday.

The two insurance companies, ICB Group Ltd. and Finch Insurance Brokers and Employee Benefits, will join forces on Jan. 1 and be rebranded as Verlingue Ltd. The companies did not disclose the terms of the deal.

The merger will form a "top 15" independent commercial insurance business and aim to create a unified U.K. brand under the umbrella of Verlingue, a French company, the companies said in a joint statement Monday.

ICB Group’s chief executives,...

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