Access Insurance, a specialist broker catering to charities, is set to join Benefact Group, marking a significant expansion for the financial services group’s Broking and Advisory division.
Benefact’s Broking & Advisory is in a growth phase with over £300 million of gross written premium (GWP). The group already offers insurance services through the Ecclesiastical and Ansvar brands, alongside EdenTree investment management and other broking businesses.
Based in South Croydon, Access Insurance provides consultation and arranges insurance for over 16,000 charities and community organisations across the UK, positioning itself as a prominent player in the sector.
Founded by CEO Simon Hickman, the broker has collaborated with various umbrella bodies like Homeless Link, Charity Finance Group, and ACEVO, and extends services to numerous charities, social housing organisations, and Christian-based charities.
David Moore, CEO of Benefact Broking and Advisory, expressed enthusiasm about welcoming Hickman and his team to the Benefact family.
“Like all of our businesses the Access team have deep expertise in their markets and a strong ethical approach to serving customers and doing the right thing,” Moore said. “Our values are strongly aligned, with an overarching purpose to contribute to the greater good of society. This move strengthens our ability to help charities with in-depth sector specific advice and expertise. This is an important milestone for us and we’re looking forward to supporting Access to achieve its ambitious growth plans.”
“Having been long-term partners of Benefact Group and its insurers, we are excited to work alongside a group which shares in the vision and values that Access has,” Hickman said. “Being a part of the group will help us continue our mission to build bespoke charity policies, offer independent advice and build on our culture of giving to charitable causes.”
What are your thoughts on this story? Please feel free to share your comments below.
