OneFamily has announced its to acquire online life insurer Beagle Street, part of BGL Insurance, before the end of 2022.
The deal will see the mutual expand its product range to include Beagle Street products such as life and critical illness cover. As part of the acquisition, Alistair Rose, managing director of Beagle Street, will continue in his position as Beagle Street is integrated into OneFamily. Financial considerations of the deal were not disclosed. Teddy Nyahasha, chief executive, OneFamily, explained: "As we enter a period of growing uncertainty for families over the coming year, protecting against life's big challenges becomes even more important - particularly for the financially vul...
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