CVC Credit has further supported Markerstudy Group (Markerstudy) by providing incremental facilities for the add-on acquisitions of Clegg Gifford Co Ltd (Clegg Gifford), a UK-based Lloyd’s broker which provides personal and commercial insurance products and, BGL Insurance (BGLi) a digital-focused, personal lines insurance broker in the UK.
CVC Credit has supported Markerstudy since January 2021, when it financed Pollen Street Capital’s and Qatar Insurance Corporation’s investment in the business.
Founded in 2001, Markerstudy is one of the fastest growing general insurance players in the UK with close to six million policyholders, it is known for its investment in technology, underwriting expertise and sophisticated product development.
The acquisitions of Clegg Gifford and BGLi will help to grow Markerstudy’s product offering and customer base, develop in-house insurance capacity, and provide access to the Lloyds market. By leveraging Clegg Gifford’s strong reputation in the commercial space and BGLi’s strong digital and data capabilities, Markerstudy will be able to provide a more enhanced service for its customers.
