CPP Group UK, the managing general agent and insurance product and services provider, has acquired travel insurance and scheme specialist business Alpha Underwriting. The acquisition includes Alpha’s general insurance broker network and broker portal. CPP said it would develop Alpha’s existing suite of travel insurance products in the near future.

Carl Carter, UK Country CEO of CPP Group UK, said: “Branching out into travel insurance is a natural evolution for us and builds on the successful launch of our parametric lost luggage travel insurance product last year and our range of parametric travel insurance solutions.”

He added: “Over the coming months, we’ll be scaling up our offering on the Alpha broker portal to provide a comprehensive suite of general ancillary insurance products beyond the travel insurance market. We have a strong portfolio of insurance products that can add real value to the 400+ brokers on the Alpha platform.”

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