Abacai’s Day Insure pursued for £500,000 plus by M&A advisory firm

Mergers and acquisitions

Financial advisory firm Imas is seeking at least £500,000 from Day Insure in a suit that has revealed Aviva, PIB, Pikl, Sabre and Vantage were all in the frame to buy the broker.

Imas has lodged a claim in the London Circuit Commercial Circuit court against Day Insure, which was bought by Sun Capital Partner’s Abacai in March of last year. The purchase came shortly after it

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Gigasure CEO outlines pet and PCW plans

Ernesto Suarez, CEO of Gigasure, has told Insurance Post of the firm’s plans to be listed on multiple price comparison websites by the end of the year, and launch a pet product.

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