Case Study
A-Plan
www.aplan.com Sector: Services Geography: UK About A-Plan A-Plan is a leading UK-based distributor of motor and household insurance policies to SMEs and individuals. It also specialises in a number of high-net worth and commercial niches, and in providing policies for foreign speaking customers. The company, currently, operates more than 85 high-street branches nationwide, serving over 650,000 policyholders. Building on existing customer relationships and expanding the branch network Why did we invest in A-Plan? We identified the insurance broking sub-sector as an area for investment in 2011. It’s characterised by businesses with high levels of recurring revenues, as a result of non-discretionary purchases for customers, with high cash flows and opportunities for Mergers &