Ensurance to sell UK operations to PSC Insurance Group
Ensurance, an Australian insurance underwriting agency, has signed a non-binding agreement to divest Ensurance UK Ltd, its UK operations, to PSC Insurance Group for AUD 8.2 million ($5.68 million). The parties expect to sign a definitive agreement by the end of this month. Ensurance UK is engaged in operating a construction based underwriting agency business. […]