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Manchester Insurance Brokers Expand With Acquisition

28 October 2008 15:56:02

Manchester-based Stanmore Insurance Brokers which is part of the Brokerbility Group has acquired a further business in the North West.

Beecrofts Insurance Services was sold to Stanmore on September 1 but will continue to run from its existing premises until the new year, when director Arthur Beecroft and his team will  move to Stanmore’s Radcliffe offices.


David Turner, director of Stanmore Insurance Brokers, said: “Having known Beecrofts for a number of years, we knew it was an ideal fit, with a similar mix of corporate insurance skills with complementary experience in personal insurance”.


Stanmore, which has made a number of acquisitions over the past few years, continues to look to grow it’s presence further within the region.


Brokerbility, by a mixture of additions to the Group and acquisitions continues to push forward strongly and having recently appointed a new Managing Director, Ian Stutz, is looking to support it’s group brokers to acquire further businesses.


Since launching in 2006, Brokerbility has attracted some of the best known names in the industry and currently contains around 20 of the top 100 Independent brokers in the UK.

 

become a major player in the market and attracted some of the best-known names in the industry. The group now comprises 25 main brokers across five regions, including at least 15 of the top 100 independent brokers in the UK.

Brokerbility Ltd. Charles Berry House, 45 East Bond Street, Leicester. LE1 4SX.