Finch Group, the first Broker Network Partner, now boasts of £38 million in gross written premium (GWP) following its latest swoop.
Bringing £4 million of GWP, Southampton-based Specialist Insurance Agency Ltd (SIA) joins Finch Group’s roster of acquisitions which includes Opus Risk Solutions Ltd, Miller & Co Insurance Brokers Ltd, and Taylor Beaumont.
Headquartered in Reading, the regional powerhouse has seen its GWP grow from £20 million since being snapped up by Broker Network in November 2016.
Meanwhile staff members as well as the SIA management – made up of Tony Quick, Gary Purcell, and Joe Bowie – will remain with the independent insurance broker which came to life in 1994.
“I have known the SIA team since they were first established and tracked their progress with great interest,” said Finch Group managing director Vince Gardner.
“For SIA to blend their team with ours in Southampton will enable us to create a £15 million GWP Southampton office, offering first-class advice and service to our SME and private clients, with a true depth of broking and claims service.”