Company news

Miller to expand employee ownership after sale

The existing partners of Miller will be reinvesting into the business to keep a “substantial minority ownership” and targeting broader employee ownership as part of the deal that sees the firm switch hands from Willis Towers Watson to Cinven and GIC.

RSA in £7.2bn sale talks

RSA has confirmed it is in takeover talks with Canadian insurer Intact Financial Corporation and Danish provider Tryg about a £7.2bn deal that would split up the business.

Colin O’Farrell to retire from QBE after 34 years

Colin O’Farrell, chief underwriting officer of insurance for QBE International, will be retiring from the business at the end of this year with deputy CUO Nick Hankin stepping up as interim CUO on 1 January, the provider has announced.

Watchstone opens legal claim process against KPMG

Watchstone, formerly known as Quindell, has filed a claim against KPMG in the High Court believed to be related to the accountant’s 2013 audit of the business, which previously led to a £4.5m fine for KPMG and a public reprimand from the Financial…

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