New Brokerbility Group Company

Brokerbility Ltd is delighted to announce that the following brokers have become part of the Brokerbility Group with effect from 01st February 2010:

The retail arm of BJP Insurance Brokers Ltd

BJP are a commercial broker based in Wokingham and control a GWP in excess of £16M with specialities in Construction and Motor Trade.

Andrew Brown of BJP said “we are excited about the growth opportunities for our business. We believe that joining Brokerbility with their experience and knowledge of working with key insurers and suppliers will be of great mutual benefit” .

The addition of BJP takes the GWP controlled by Brokerbility to £425m and a step closer to its stated aim of reaching £500 GWP. With other deals in the pipeline the group should complete this objective during the current financial year.

Ian Stutz Brokerbility MD stated:

“We are delighted that BJP have joined Brokerbility. Since their formation in 1997 they have developed a reputation for delivering first class service to their client base and will be an excellent addition to our highly distinguished group.
       "By becoming part of the group, BJP will be able to combine the best elements of being a genuine independent community and niche or specialist broker with the market presence and depth of resources of a national broker. The current broker landscape continues to offer Brokerbility a unique opportunity to tap into a sector of the market which wishes to remain independent and is considered too big for the networks.”

In addition to ongoing discussions with potential new brokers, the current Brokerbility strategy is very much focussed on supporting the existing group with their own acquisition opportunities and organic growth plans in an extremely challenging economic climate.