Buyout success for Ablett

Former Groupama managing director Tim Ablett has spoken of "anopportunity that was just too good to turn down" after leaving the Frenchinsurer to mastermind the management buyout of Royal & Sun Alliance(RSA)'s healthcare and assistance operations.

The deal, valued at £147m, will see the UK giant dispose of several units,including the subsidiary First Assist.

Mr Ablett was part of the team that set up RSA's healthcare and assistanceunit in 1997 before leaving to join Groupama, as was Steve Wood

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact

You are currently unable to copy this content. Please contact to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: