LivingBridge – Acquisition of Coversure Insurance Services Group

UK based private equity firm LivingBridge has announced the acquisition Coversure Insurance Services Group (“CISG”) as part of a management buyout transaction. Financial details of the transaction have not been disclosed. Based in the UK, CISG provides value insurance services and comprises of online wholesaler Policyfast, specialist underwriters CUL, software house Datamatters, and insurance broker franchise Coversure.