South African investment company Sanlam is to purchase Merchant Investors Assurance from Allianz (UK...
South African investment company Sanlam is to purchase Merchant Investors Assurance from Allianz (UK). Merchant Investors is based in Bristol and underwrites high net worth life and pension products mainly for the IFA market. Sanlam intends to use the acquisition to customise niche product offerings that could be distributed through Merchant and use Sanlam's existing manager of managers operation.
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