Another insurer eyes the adviser market

As reported on Good Returns Momentum Life has been acquired by DCG Invest, an investment company set up by three people with experience in the insurance market.

DCG Invest included Greg Main, David O’Connell and Chris Francis. Main has been involved with Quest Insurance and Dorchester, while O’Connell ran Geneva Finance.

Main says DCG was set up to acquire Momentum and has some other insurance interests and ambitions.

Under new ownership Momentum has already made a shift from the direct to consumer market to engage with advisers.