CMGL
Under Sovereign's ownership CMGL was a provider of outsourced claims and insurance management services that were offered to FTSE quoted companies, general insurers and Lloyd's underwriters.
CMGL was a widely recognised brand with a strong reputation for its operational practices and its quality of service.
Under Sovereign’s stewardship, CMGL improved its emphasis on new business development and organic growth. At exit, CMGL had an international network of 11 offices and managed over 165,000 claims.
- Date: 2005 – 2007
- Exit money multiple achieved: 3.3x
- IRR achieved: 263%
- www.cmgl.com
