Somerset Bridge sells Business Choice Direct

Sale spelled out on keyboard

Arron Banks-backed Somerset Bridge Insurance Services has sold its commercial insurance subsidiary Business Choice Direct Insurance Services to Somerset-headquartered Lloyd & Whyte Group for an undisclosed sum.

According to Somerset Bridge, BCD has annual turnover of £6m with annual pre-tax profits of around £1m servicing 26,000 policies.

The business was set-up as a commercial insurance services broker in

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Sobering reading for those with a Biba hangover

Editor’s View: If you are nursing a hangover after going to this year’s British Insurance Brokers’ Association conference then Emma Ann Hughes reckons you missed the point of attending the annual gathering in Manchester.

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