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King Price Insurance was founded by Gideon Galloway. [5] [1] The company received its initial funding from Francois van Niekerk of Mertech group and Stefan van der Walt of Nikon, and was launched in 2012. [6]
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In 1990, it was acquired by the Australian insurance group, AMP, and in 2003, Pearl, NPI and London Life Association were demerged from AMP to become part of Henderson Group. [ 5 ] In 2005, the Pearl Group was bought from Henderson Group by Sun Capital Partners (a business in which Hugh Osmond is a leading partner) [ 6 ] and TDR Capital . [ 5 ]
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