In our 16th completed acquisition, One Broker have completed on the purchase of the general insurance book of the Surrey based broker, Mason and Ball Services.
In our 15th completed acquisition, Marshall Wooldridge, a GRP broker, have acquired the Huddersfield, West Yorkshire based broker, Insure First Ltd, trading as Bush & Associates, described by Marshall Wooldridge as a “high class” commercial and personal lines broker and a “great fit”. This is a 6th acquisition for Marshall Wooldridge.
In our 14th acquisition, Partners& have acquired Wiltshire based Direct Healthline, which has a strong reputation in the corporate benefits marketplace.
Direct Healthline offers consultancy across the full spectrum of health, protection and wellbeing benefits to clients in the UK and internationally.
The acquisition brings Partners& in excess of £5M in PMI premiums.
In our 13th acquisition, Partners& have acquired a book of Corporate Employee Benefits business from the Kent based Advo Group.
The acquisition further enhances Partners&’s rapidly growing Employee Benefits division.
Advo Group and Partners& will continue to work collaboratively.
UKGlobal Leeds Ltd has successfully completed the acquisition of the community commercial and personal lines broker, Linton Greenwood Insurance Brokers, based in Keighley, West Yorkshire, for an undisclosed sum. Linton Greenwood has been established for over 35 years and has earned a great reputation for offering solid service to their loyal customer base.
Health Matters is a substantial PMI/Employee benefits broker based in Coventry, acquired through our introduction by Partners&, who are creating the next generation insurance advisory business with numerous acquisitions completed recently.
Phil Barton of Partners& and Simon Hurley-Smith have both expressed their delight at the transaction which will build upon Partners&’s already established and thriving Employee Benefits division.
Aston Lark has bought Leighton Buzzard-based broker Absolute Products for an undisclosed sum.
Absolute Products was established in 2002 and provides service to private clients as well as a range of commercial products for businesses.
We sold the Tunbridge Wells based non standard motor broker, BG Insurance, to iRevolution Group in a deal which bolsters iRevolution’s motor offering by a further £11 million GWP.
Wales headquartered Thomas Carroll has now acquired the Welsh community broker, Delwyn Griffiths, who bring across a mix of commercial and personal business.
Through our introduction, JM Glendinning acquires Bickley Insurance Services, Surrey, a £6.5M GWP commercial broker, in a deal which provides private equity backed Glendinning with a foothold and a hub in the South East.
Willis IRM, the £40M GWP Belfast based broker with a UK presence, acquires our vendor client, Playle Russell Special Risks, a leading thatch insurance broker.
We secured for Partners&, led by Phil Barton, the acquisition of Nottinghamshire based IFM Insurance Brokers (Midlands), trading as IFM Select, a move which supports Partners&’s strategy to build its presence across the Midlands
In a pivotal deal which will bring over 30,000 new policyholders and over £50M of annual GWP, we secured the sale of Right To Health Ltd and The Health Insurance Specialists to Aston Lark. The two brokers are amongst the largest PMI brokers and account for around 5% of the sector
Following our introduction, Partners& purchases the Bolton based commercial lines, professional indemnity and private clients broker, Ives & Taylor, in a move which provides Partners& with a hub in the North of England.
In our final deal of 2020, we sold the 1967 established Frank Brierley Insurances of Rochdale to the Bollington Wilson Group. With a strong presence in the local area, Frank Brierley will benefit from the significant resources of its new acquirer.