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Green Insurance reveals double broker deal

Green Insurance reveals double broker deal | Insurance Business UK

Green Insurance reveals double broker deal

The deals keep on coming for Green Insurance Group (Greens), which has made a host of strategic investments since becoming the south eastern hub business for Global Risk Partners (GRP).

Today, the company has announced a double swoop – picking up 100% of the share capital of R T Williams Insurance Brokers Ltd (RTW) and NIB Insurance Brokers Limited, which is an appointed representative of RTW.

Both firms share an office in Brighton and focus on general insurance products, primarily across the Surrey, Sussex and London areas. They are set to retain their existing office and branding as part of the deal.

“These two quality businesses with a strong heritage are an excellent fit for Greens and add considerably to our south eastern region footprint,” said Greens CEO Duncan Coleman. “All of us at Greens warmly welcome Chris Williams, MD at RTW, Leo Hetherington, MD at NIB and their teams and look forward to assisting them to rapidly accelerate their growth post purchase.”

Williams remarked that he was “proud to be at the helm of RTW as it enters a new and exciting chapter. The business has traded independently for 70 years but the time is right to become part of a bigger, highly ambitious group where we can take advantage of GRP’s scale, broaden our product range and further enhance the service for our clients through our dedicated team.”

There were encouraging words too from Hetherington who said he was looking forward to driving the business forward, while group MD of GRP Mike Bruce noted that he expected “further deals in due course.”