QWB Group, a joint venture company formed by run-off acquirer Quest Group and the remaining management team of reinsurance broker Walsham Brothers, has purchased the broker's share capital after receiving regulatory approval.
Now in run-off, Walsham Brothers was a leading London market LMX broker in the early-to-mid nineties led by Bill Brown.
The transaction - which was announced today (13 December) - includes Walsham Brothers' insurance broking operation as well as the administration of the run-off legacy account and its...
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