Verlingue to acquire Luso Atlantica.

Verlingue, an insurance broker specialising in corporate protections, agreed to acquire Luso Atlantica, a Portuguese insurance broker. Financial terms were not disclosed. "This acquisition is in line with our Group’s strategic plan, driven by Jacques Verlingue, Chairman of the Adelaïde Group, and demonstrates our international ambitions. With Luso Atlantica, Verlingue will become one of the top five insurance brokers in a country that has a highly dynamic market in Europe. Pooling our strengths and skills is great news for our clients and partners, and for all our temployees," Gilles Bénéplanc, Verlingue Managing Director.