Bikmo eyes further growth in the UK cycle market

Woman on country bike ride - landscape

Cycle and e-mobility insurer Bikmo has raised £3.4m in a funding round to bolster its European footprint and drive product innovation.

Based in Flintshire, Wales, the bike insurer has revealed after its latest funding round, which raised £3.4m in a Series A extension led by Puma Private Equity, that its ambitions are set on expanding

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RSA sells direct PL business to Admiral

RSA and its parent company Intact Financial Corporation has this morning confirmed the sale of its UK personal lines operations to Admiral Group Plc for an initial cash consideration of £82.5m, as reported by Insurance Post earlier this week.

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