15 May 2012 | 01:42 pm |
International law firm Pinsent Masons has advised AEGON, Aviva, Clerical Medical, Friends Life, Prudential and Scottish Widows (the “Shareholders”) on the sale of their shareholdings in the quotation portal Assureweb to American technology firm iPipeline.
Assureweb is a leading financial services technology company, created with the aim of bringing about efficiencies through its technology solutions. Working closely with financial product providers, Assureweb makes financial products available to advisers and consumers, allowing them to quote and apply. iPipeline, based in Exton, Pennsylvania, provides software to the insurance and financial services markets.
The Shareholders have, through their investment, supported Assureweb in its growth to date and the sale to iPipeline marks the next phase in its development.
The Pinsent Masons team advising the Shareholders was led by Corporate Partner Andrew Kerr and Corporate Senior Associate Shiv Sibal with support from Tax Partner John Christian.
Shiv Sibal commented: “Assureweb has grown with the support of the Shareholders and is well placed to maintain its position as a leader in financial services technology solutions. We are delighted to have supported the Shareholders in their transfer of the stewardship of the business to iPipeline, whose complementary products and experience will allow Assureweb to continue its ascent.”
Key Contacts
Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC) on its investment in Mongolia’s first ever green bond issuance.
Multinational law firm Pinsent Masons has hired real estate partner, Louisa Lynch, in Dubai.
Multinational law firm Pinsent Masons has hired pensions partner Andy Wright into its Leeds office, taking the size of its pension team to 64.
Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC) on its investment in Mongolia’s first ever green bond issuance.
Multinational law firm Pinsent Masons has hired real estate partner, Louisa Lynch, in Dubai.
Multinational law firm Pinsent Masons has hired pensions partner Andy Wright into its Leeds office, taking the size of its pension team to 64.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]