Insurance broker Kingfisher Insurance has acquired Lynbrook Insurance Services.
By bringing Lynbrook into its fold, Kingfisher broadens its footprint in the classic vehicle insurance space as part of Kingfisher’s ambition to expand through both organic growth and the integration of specialist businesses.
The deal, financial terms of which were not disclosed, will see Lynbrook operating in tandem with Peter James Insurance, Kingfisher’s primary classic vehicle brand, enriching the company’s offerings in this niche.
Under the Kingfisher umbrella, Lynbrook’s customers will gain access to a wider portfolio that spans motorsport, private client, non-standard home, motor trade, and specialist commercial insurance.
“We would like to welcome Lynbrook customers onboard and look forward to continuing to deliver the same level of excellent service that they have come to expect,” Kingfisher classic head Garry Carlin commented.
“The team at Lynbrook has genuine passion and enthusiasm for classic vehicles – values that are reflected in the wider Kingfisher classic vehicle team.”
Further emphasizing the importance of the acquisition, Kingfisher managing director James Stuart (pictured) said: “The classic vehicle market is a key area of investment and growth for us, and our decision to acquire the Lynbrook business re-affirms our commitment to this highly specialist market.”
Lynbrook has been operating since 1972.
The classic vehicle insurance swoop comes on the heels of a major move by Kingfisher in March. Last month, the company opened its new broking headquarters in Rubery, Birmingham.
“The new HQ places Kingfisher in the heartlands of UK motoring heritage, with the West Midlands home to historical marques including MG, Triumph, Rover, and many more,” Stuart said at the time.
“It’s an exciting time for Kingfisher Insurance, and the new office space allows our teams to come together, providing opportunity for collaboration and innovation.”
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