South Wales Insurance Brokers has completed a strategic buy-in to Fisher Insure, bringing together two South Wales-based businesses in a move their principals say prioritises client continuity over structural change.
Fisher Insure founder Carl Fisher will continue serving clients alongside South Wales Insurance Brokers founder Chris Harvey. Both firms will operate under their existing names during a transition period described as gradual and deliberate.
Fisher said the decision to pursue the arrangement was driven by long-term planning.
“I’ve been considering how best to support my clients over the long term,” he said. “This partnership allows me to continue doing what I enjoy while ensuring clients remain well looked after. It’s not about immediate change; it’s about consistency, reassurance, and continuity.”
Fisher also cited shared values as a factor in selecting Harvey as a partner.
“From our first meeting, it was clear we had a similar outlook. We both believe in a straightforward, relationship-driven approach – doing the right thing, finding the right cover, and building long-term trust with clients,” Fisher said.
Harvey described the opportunity as a natural fit.
“When the right opportunity comes along, it’s important to embrace it. This felt right because of the people, the clients, and the shared vision for growing in the right way,” Harvey said. “Bringing the two businesses together strengthens our presence across South Wales, enabling wider coverage while preserving the personal, local service both are known for.”
Fisher added that client welfare remained his central focus.
“My clients are my priority. This partnership is about making sure they continue to receive the support they deserve, both now and in the future. Working alongside Chris gives me great confidence that they will,” he said.
Fisher’s clients will be introduced to Harvey over time. No immediate plans for operational changes have been disclosed.
The arrangement comes amid a slowdown in UK insurance broker consolidation activity. MarshBerry reported that 99 insurance distribution transactions were announced in 2025, down from a record 152 deals in 2024 and marking the quietest year for sector M&A since 2017.
