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by Legal Desire
7 September 2023

A&O advises Direct Line on sale of its brokered commercial insurance business to RSA

M&A Insurance Expected to close

Advising firms

Deal team

9 lawyers named
LawyerFirmSeniorityPracticeOffice
David Broadley Lead A&O Shearman Not stated Not stated Not stated
Philip Jarvis Lead A&O Shearman Partner Not stated Not stated
Claire Coppel Lead A&O Shearman Not stated Not stated Not stated
Marcus Gwyer A&O Shearman Senior associate Not stated Not stated
Preethi Correa A&O Shearman Senior associate Not stated Not stated
Serena Shah A&O Shearman Associate Not stated Not stated
Ben Brooks A&O Shearman Associate Not stated Not stated
Paul McKay A&O Shearman Associate Not stated Not stated
Helena Marrion A&O Shearman Associate Not stated Not stated

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Stated terms

Stated value
GBP 520m (GBP520m)
What the figure measures
Total transaction value
Client
Direct LineSell-side
Counterparties
RSA Insurance (Buy-side)