RFIB announces the sale of Bridle Insurance Brokers

RFIB Holdings Limited, the international Lloyd’s insurance and reinsurance broker, today announces the sale of the business of its UK retail intermediary, Bridle Insurance Brokers Limited (Bridle), to CFN Insurance Services Limited (CFN) for an undisclosed sum. The sale is effective from June 1 2009.

Patrick Holcroft, RFIB Chief Executive, commented: “While we are sad to see the team at Lyndhurst depart, the CFN deal offers an attractive home for the Bridle business that will better position it for its future development. We wish the team every success in the future”.