Announced
Financials
Tags
Friendly
Life Insurance
Private
Pending
Single Bidder
legal risk
insurance
United Kingdom
Acquisition
Majority
Synopsis
AXA, a holding company engaged in the business of financial protection, is set to acquire Secure Legal Title, a London-based insurance agency. Financial terms were not disclosed. “With this transaction, Secure Legal Title builds on its long relationship with AXA XL and its insurers, as well as with Lloyd’s in London and in Brussels. There are natural synergies between AXA XL’s property and casualty business and Secure Legal Title’s real estate business, and we are confident that our clients will benefit from access to AXA XL’s infrastructure and additional capacity,” Sean Dalton, Secure Legal Title Chairman.
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