Insurance Post

Guernsey's First Central considering bond issuance to fund growth plans

andy-james

Guernsey-based motor underwriter First Central Insurance Services is looking into a bond issuance to help it raise more capital to assist with its growth plans, which include an application for an alternative business structure licence.

The five-year-old firm, set up by former Zenith boss Ken Acott, has already attracted some potential investors, according to the chief executive of its UK business Andy James, and may look to follow

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