Capita puts insurance business up for sale

Sales online and in the shops

Outsourcing specialist Capita is preparing to offload its direct to customer insurance businesses following disappointing performance in the division, Post understands.

Capita is currently engaged in two sales processes to shed assets, including Lancaster, BDML Connect and Hero, and has appointed Deloitte to manage the process, according to sources close to the firm

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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.