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AnaCap exiting French insurance broker

AnaCap Financial Partners LLP has signed an exclusivity arrangement to sell AssurOne Group SA to French holding company Societe Centrale Prevoir SA, subject to consultation with the relevant workers' council.

Proposed financial details for the arrangement were not disclosed.

AssurOne Group is a French digital insurance broker with specialization in online distribution and management of personal insurance products.

AnaCap completed a management buyout of AssurOne Group in June 2014.