Bain-Backed Esure Eyes UK Growth After £200 Million Revamp
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UK home and motor insurance firm Esure Group Plc sees further growth in the country after a £200 million ($258 million) revamp program, according to its Chief Executive Officer David McMillan.
The company, backed by private equity firm Bain Capital, last year completed a three-year program that redesigned its technology, processes and even culture, McMillan said in an interview. Esure’s turnover grew 14% to £1.1 billion in 2024, according to a statement Tuesday. It posted a trading profit of £126.8 million, compared with a loss in the year-ago period.