Deals  |  Closed Deal

ICON advises owners of Insurance2go on its sale to French-headquartered SPB Group

Deal Release:

"This acquisition will allow us to enrich our expertise in digital marketing, accelerating the digitalization of our affinity solutions and further growing our business."

Lorraine Higham, managing director, SPB UK

18 Mar 2019

ICON advises owners of Insurance2go on its sale to French-headquartered SPB Group

The owners of the Insurance2go and Better Buy Insurance brands have been acquired by SPB Group, a European leader in lifestyle insurance and services with presence across 17 countries.

Insurance2go and Better Buy Insurance are among the UK's largest providers of online insurance and the acquisition enhances SPB's presence within the UK mobile phone insurance marketplace.

There are currently no plans to make any changes to the Insurance2Go and Better Buy brands, and the company will continue to be managed by its founders, Duncan Spencer and Gary Beeston.

Lorraine Higham, managing director of SPB UK, said: "This acquisition will allow us to enrich our expertise in digital marketing, accelerating the digitalization of our affinity solutions and further growing our business."

Key Facts:

Name

Insurance2go

HQ

United Kingdom

ICON Team

Sectors

Deal type

Date

2019

Geography: