Pinsent Masons advises on the sale of financial products portal Assureweb
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
Latest press releases
Show me all press releasesPinsent Masons appoints infrastructure M&A specialist Candice Lambeth
Multinational law firm Pinsent Masons has today announced the appointment of Candice Lambeth as a partner in its corporate team in London.
Pinsent Masons bolsters Middle East International Arbitration practice with partner hire
Multinational law firm Pinsent Masons has appointed Shanelle Irani as a partner in its International Arbitration team in Dubai, further strengthening the firm's capability in high-value commercial and investor-state disputes across the region.
Pinsent Masons hires leading IP partner duo Kai Ruting and Philipp Widera in Germany
Multinational law firm Pinsent Masons has appointed intellectual property (IP) partners Dr. Kai Rüting, LL.M. and Philipp Widera, LL.M. to join its Düsseldorf office.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons appoints infrastructure M&A specialist Candice Lambeth
Multinational law firm Pinsent Masons has today announced the appointment of Candice Lambeth as a partner in its corporate team in London.
Pinsent Masons bolsters Middle East International Arbitration practice with partner hire
Multinational law firm Pinsent Masons has appointed Shanelle Irani as a partner in its International Arbitration team in Dubai, further strengthening the firm's capability in high-value commercial and investor-state disputes across the region.
Pinsent Masons hires leading IP partner duo Kai Ruting and Philipp Widera in Germany
Multinational law firm Pinsent Masons has appointed intellectual property (IP) partners Dr. Kai Rüting, LL.M. and Philipp Widera, LL.M. to join its Düsseldorf office.
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]