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5.0

Santander taps KPMG to find insurance brokerage partner for business unit

Santander has engaged KPMG to identify a partner for its business insurance brokerage, with the bank holding 49% and the partner 51%. WTW, Aon, and Sabseg have been invited to bid. This signals a strategic shift to de-risk and monetize its insurance distribution, potentially reshaping the Spanish corporate insurance market.

Expansiónabout 10 hours agoESCredibility 23%View source

Score Breakdown

Mosaic Score5.0
Model confidence0.5
Significance0.5
Source credibility0.2
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