Tasker Insurance Group (TIG) has made its third acquisition this year, snapping up Vantage Professional Risks to boost TIG’s retail proposition.
Without disclosing financial terms of the swoop, the group said the acquired business will form part of the specialist retail broking division within the broader retail business Tasker Insurance Brokers (TIB). Based in Worthing, the Vantage Professional Risks team is led by managing director Martin Swann.
“I am personally very excited to be joining Tasker Insurance,” commented the MD. “It is a dynamic and fast-moving business with a real focus on its people and clients. I know that both the team and I will thrive in this environment and be able to successfully grow and develop individually and professionally.”
Vantage Professional Risks, which was part of Vantage Insurance Services, will not only add further depth to TIB’s specialist broking division but also widen the business’s reach into the South.
“Following our previous acquisition, I said that Tasker Insurance had a clear vision to build our specialist broking capabilities in the areas of technology, life sciences, PI, financial lines, and medical malpractice in addition to extending our regional retail broking footprint,” noted TIG chief executive Robert Organ.
“Here we are, just five months later, and this acquisition demonstrates that we are successfully delivering on this strategy.”
