Seventeen Group is pleased to announce its third acquisition of the year, Watford based Jannard Quadrant.
The business was owned by Stephen Sweden and Geoff Callaway, both of whom will remain and eventually move into Seventeen Group’s existing Watford office along with the wider Jannard Quadrant team. Total GWP amounts to £3.5M, comprised mainly of commercial business and including a strong Hotel book. Jannard Quadrant have for many years been strong supporters of Seventeen Group’s MGA subsidiary, Touchstone Underwriting.
Seventeen Group CEO Paul Anscombe comments:
“This was a natural acquisition for both parties. We have known the Jannard Quadrant team for many years, we are both based in Watford and there is an excellent trading relationship with Touchstone. The focus on ‘top end’ hotels also fits incredibly well with James Hallam’s specialism in the hotel sector. I am delighted to welcome the team on board”
End of Press Release
For more information contact
Jackie Knight Head of Marketing and Media
T: 07824 486319
E: jackie.knight@seventeengroup.co.uk