Insurance Post

Ageas secures £150m RBS loan for retail restructure

Cash to splash

Ageas has obtained a loan of £150m from RBS Invoice Finance to help it restructure its retail business as announced in its Q3 results.

The insurer is seeking to make cost savings across its intermediary business by integrating its seven brands them into a sole legal entity and investing in a new technology platform

Ageas UK CEO Andy

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