Insurance Post

Saga buys Bennetts in £26.26m cash deal

motorbike

Saga is to pay £26.26m in cash to BGL Group to buy specialist broker Bennetts, in a deal that will grow the over-50s insurer's existing motorbike customer base more than ten-fold.

Saga provides insurance services for 20,000 customers with motorbikes, while Bennetts current customer base is estimated at over 200,000.

Of that total customer base, 43% of Bennetts customers are

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