Tue, 03 Dec 2019 | BUSINESS SALE
Property transaction insurance firm Secure Legal Title has been acquired by AXA XL for an undisclosed sum.
Founded in 2012, Secure Legal Title offers title-insurance, legal indemnities and title to shares insurance for real estate M&A transactions. The company is based in the UK but also has major operations across Europe, India and the Americas.
Secure Legal Title is a Lloyds-approved coverholder with a wide range of clients including real estate equity investors and developers, energy and infrastructure investors and developers and mortgage lenders.
Stephen Ashwell, chief underwriting officer for crisis management and special risks at AXA XL, said: "We are delighted to officially welcome our Secure Legal Title colleagues to AXA XL. Secure Legal Title will continue to operate under its brand and will be managed by its co-founders, Sean Dalton, Joel Peck and Jean-Bernard Wurm."
"We expect that the combination of their market-leading expertise and experience with AXA XL’s additional capacity, global network presence and resources will enable Secure Legal Title to further strengthen its position in this specialised marketplace and present a more attractive proposition to clients of theirs and ours” Ashwell added.
“With this transaction, Secure Legal Title builds on its long relationship with AXA XL and its insurers, as well as with Lloyd’s in London and in Brussels,” said Sean Dalton, co-founder and chairman of Secure Legal Title.
“There are natural synergies between AXA XL’s property and casualty business and Secure Legal Title’s real estate business, and we are confident that our clients will benefit from access to AXA XL’s infrastructure and additional capacity.”
Over 45 years of trading history with solid customer base in the housing sector. Highly regarded for service delivery excellence and innovation in their field. Strong management team able to transfer to new owners. Highly skilled team with emphasis o...
An established & successful Chartered practice which is audit registered wishes to expand their fee base so as to enable the infrastructure necessary for MTD. Although the Purchasing firm’s premises have spare capacity, retention of a satellite offi...
Staff and rented premises to be retained. Good location with parking. Not regulated but employs qualified staff. Established over 30 years. Grown organically and by reputation. Offers invited.
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