It’s a busy day for acquisitions, here’s the latest;
Saturn Holdings PLC (Saturn), the parent company of Tradex Insurance Company PLC (Tradex), has announced the acquisition of Markerstudy Insurance Services Limited (MISL) from Markerstudy Group. The transaction represents a significant step in Saturn’s ambitions to expand its footprint in the UK insurance sector and invest in long‑term, sustainable growth.
The purchase will bring in-house the services currently provided by MISL. This strategic move will enhance controls and strengthen core capabilities, drive operational efficiencies, and enrich the overall customer proposition by enabling a more seamless end to end delivery.
Mark Summerfield, CEO of Saturn, said:
“Saturn and Markerstudy have been strategic partners since 2023 and this relationship has provided a significant platform for us to grow. We’ve been able to leverage Markerstudy’s market leading pricing, data and analytics estate, alongside the scale of its operating platform.
“With the acquisition of MISL we have ambitious plans to grow further; strengthening our position in the UK insurance market, broadening our underwriting footprint, and exploring new business opportunities.
“Both Saturn and MISL have grown together and our combined strength brings a depth of experience and industry expertise. I look forward to building on our individual strengths, character and history, to create a business that all our colleagues can be proud of.
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