“We’re very pleased to be joining forces with Sir Peter and that Castelnau will be able to benefit from the outstanding track record that he and the SPWOne team have in building market leading brands, transforming industries through digitisation and creating significant value.”

“Sir Peter Wood is a modest entrepreneur who still gets a kick out of building enterprises.”

“Sir Peter is known for revolutionising the insurance market when, in the 1980s, he started Direct Line, allowing customers to buy insurance directly over the phone.”