Seventeen Group is pleased to announce the following two acquisitions in March.
Firstly, we have acquired a book of business relating to Hendricks Insurance which is based near St Andrews in Scotland. As part of the transaction, Hendricks owner Ritchie Sherret will be joining Seventeen Group along with his team of four staff. Gross Written Premium is £2.8 million and the book comprises a mix of rural, commercial and private client business. The business will in due course rebrand to James Hallam (Seventeen Group’s broking subsidiary) and will form part of James Hallam’s Scottish regional division led by Regional Director Neil Campbell.
The Division now operates out of five offices across Scotland including two premises in Glasgow and 1 each in Dumfries, Inverness and St Andrews.
Secondly, we have acquired Keith Miller Insurance Services Ltd, a business controlling £2.5 million GWP. Keith Miller has a strong Hotel book, which compliments James Hallam’s Hospitality & Travel team and also handles a number of significant long-standing clients across a variety of sectors. Again, the business will rebrand to James Hallam in due course and the team will attach to the Group’s West Sussex office. Keith Miller will be remaining with the Group to help enable a smooth transfer and takes on an ambassadorial role for the wider business.
Seventeen Group Chief Executive Paul Anscombe comments:
“I am delighted to announce these two important acquisitions for the Group. Both are very complementary and bring on board highly experienced individuals to help achieve our growth ambitions. We have been growing in Scotland over many years and see huge opportunities in this region as an independent broker. With Keith Miller, Keith and his team bring a client service approach which fits incredibly well with us.
Seventeen Group continues to grow both organically and via acquisition. We are committed to a long-term future as an independent with several specialist areas of focus and a strong regional presence.
Our MGA Touchstone continues to develop organically and has long term relationships with major carriers in our various underwriting specialties.
Finally, as a Group, we are slowly expanding our international capabilities in order to both provide a greater geographical reach for our clients and also to support our growing international broker network.”
End of Press Release
For more information contact Jackie Knight Head of Marketing and Media
Tel – 07824 486319 Email Jackie.knight@seenteengroup.co.uk