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Article: What's new?

Article from:
Insurance Brokers' Monthly
Article date:
June 1, 1996
Author:
Copyright

Cornhill acquire Pet Plan

CORNHILL Insurance has announced the purchase of Pet Plan, the pet insurance specialist with gross premium income of L40 million and 400,000 policyholders.

The deal provides for Pet Plan to continue as a marketing and administration organisation with Cornhill providing the underwriting backing.

Chairman of the new Pet Plan board is Cornhill director and general manager (home), Denis Loretto who said: "Cornhill is the natural home for Pet Plan. We have been very pleased with the underwriting of this portfolio since the beginning of 1994 and have built up a very beneficial partnership. We look forward to achieving even greater success under the new arrangements."

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