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.