Specialist Risk Investments makes double intermediary swoop

Miles Smith Insurance Group, which was snapped up by London-based private equity and credit manager Pollen Street Capital in February, is about to be merged with two new acquisitions. Subject to regulatory approval, Pollen Street’s investment company Specialist Risk Investments Limited (SRIL) is making the swoop for the entire share capital of independent Lloyd’s broker The Underwriting Exchange (TUE) and its sister company LIME (London Ireland Market Exchange).

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