COLG buys landlord insurance group

Money £50 notes

Source: Shutterstock/Claudio Divizia

City of London Group (COLG) has bought insurance group Acorn to Oaks Financial Services (A2O).

A2O, a financial services intermediary business focussing on SME and landlord insurance products, made a profit of £177,000 for the year to the end of March, and has gross assets of £402,000.

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