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Boyd Insurance makes first acquisition as Broker Network Partner

Boyd & Company, one of Broker Network’s Partners has today acquired independent insurance broker, Insureness Ltd.   Insureness is a general insurance broking company established in 2009. Operating from offices in Musselburgh, close to Edinburgh, the brokerage manages £3.7m GWP and employs nine members of staff. Although Insureness have strong ties with the local community […]

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Finch Group widens footprint in South of England and sets sights on new offering

Regional powerhouse and Broker Network Partner, Finch Group is continuing its acquisition spree with the purchase of existing Network member, Opus Risk Solutions Ltd whilst setting its sights on the launch of a new holistic Risk Management Consultancy.   The Reading based brokerage which has increased its GWP from £20m to £34m since becoming the […]

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Broker Network announces financial results for 2017

Broker Network, the UK’s leading network for independent insurance brokers has today announced strong financial results for 2017 following a year of strategic delivery and execution for the business. Highlights include: Significant step up in trading results with Group revenues at £23.1m (+13% like-for-like) Group EBITDA (earnings before interest, tax, depreciation and amortisation) at £5.7m […]

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Acquisition of Compass Broker Holdings completes

Further to the announcement on 1st March 2018, HPS Investment Partners (“HPS”) and Madison Dearborn Partners (“MDP”), have today announced the completion of the Compass acquisition, following necessary approval from the FCA. Compass will now join a strong portfolio of companies within the HPS and MDP family. Alex Alway, Compass’ current Executive Chairman will move […]

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Broker Network increases footprint with fifth acquisition

Broker Network, the UK’s leading network for independent insurance brokers, has today completed the purchase of Knighthood Corporate Assurance Services Ltd, bringing its total number of regional powerhouse acquisitions to five.   Broker Network has purchased the brokerage from Sunderland Marine, part of the North Group. The deal sees the business continue to operate from […]

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