Spectrum advises Watchstone Group PLC on the disposal of Ingenie to A-Plan

Spectrum advises Watchstone Group PLC on the disposal of Ingenie to A-Plan

18 November 2020

Spectrum Corporate Finance has successfully advised Watchstone Group PLC, a UK-based provider of sector leading expertise in software, consultancy and technology enabled outsourcing, on the disposal of telematics-based car insurance brand Ingenie to A-Plan Group for £5.5m.

Based in Leatherhead, Ingenie specialises in car insurance for learners and young drivers. Ingenie offers a fresh approach to car insurance, using telematics technology to assess individual driving behaviour so customers pay for their insurance cover based on the way they drive.

For full deal details please click here.

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