Belgium’s Ageas said the deal with esure’s owners, investment group Bain Capital, will create the third-largest platform in the UK for personal lines such as motor and home insurance.

Belgian insurer Ageas (OTCPK:AGESY) (OTCPK:AGESF) to buy UK-based personal lines insurer esure from private equity firm Bain Capital (NYSE:BCSF) in a deal worth £1.295B. This acquisition aims to ...

esure Group, which was founded in 2000, provides motor and home insurance, and reports to have 2.1 million customers.