Add-on Acquisition • Business Services

OIM Underwriting Acquires Contego Underwriting

On July 10, 2012, OIM Underwriting acquired business services company Contego Underwriting

Acquisition Context
  • This is OIM Underwriting’s 1st transaction in the Business Services sector.
  • This is OIM Underwriting’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date July 10, 2012
Target Contego Underwriting
Sector Business Services
Buyer(s) OIM Underwriting
Deal Type Add-on Acquisition

Target Company

Contego Underwriting

London, United Kingdom
Contego Underwriting Ltd is an underwriting agency that specializes in underwriting products for the construction and engineering industries. They have clients in over 50 countries with a particular focus on Latin America and Australia.
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Buyer Overview 1

Buyer

OIM Underwriting

London, United Kingdom

Category Company
Founded 2004
Sector Insurance
DESCRIPTION

OIM Underwriting is an experienced team of retail and London market insurance underwriters based in the London market. Company underwrite on behalf of respected A-rated insurance companies and Lloyd’s underwriters, OIM's model combines delegated and direct authorities. We offer delegated products in COMMERCIAL COMBINED and AFFINITY under the OIM brand.


Deal Context for Buyer #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2012 1 of 1