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UK-based multi-disciplined insurance coverage and threat administration organisation Seventeen Group has introduced the strategic acquisition of Keith Miller Insurance coverage Companies and a ebook of enterprise from Hendricks Insurance coverage.
Hendricks Insurance coverage specialises in providing insurance coverage broking providers options to entrepreneurs, small medium enterprises, and pre-eminent landowners within the UK.
The acquired ebook of enterprise of Hendricks Insurance coverage brings a gross written premium (GWP) of £2.8m ($3.5m) to the desk.
Positioned close to St Andrews in Scotland, the enterprise ebook features a numerous mixture of rural, business, in addition to non-public consumer companies.
Hendricks Insurance coverage proprietor Ritchie Sherret will now transfer to Seventeen Group along with his four-member workforce.
The enterprise will ultimately rebrand to James Hallam, Seventeen Group’s broking subsidiary, and combine into the Scottish regional division underneath the management of regional director Neil Campbell.
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The division presently operates from 5 workplaces throughout Scotland, two in Glasgow and one every in Inverness, Dumfries, and St Andrews.
The second acquired firm, Keith Miller Insurance coverage Companies, is an impartial private and business insurance coverage middleman controlling a GWP of £2.5m.
This firm gives a spread of merchandise together with these for motels, agriculture, business automobiles, and golf programs.
In response to Seventeen Group, Keith Miller Insurance coverage Companies’ robust lodge ebook is especially complementary to James Hallam’s Hospitality & Journey workforce, whereas Keith Miller additionally manages numerous key long-standing shoppers throughout a number of sectors.
Keith Miller Insurance coverage Companies can even rebrand to James Hallam and its workforce will be part of the group’s West Sussex workplace within the UK.
As well as, Keith Miller himself will proceed to be with the group and help in a clean transition whereas taking on an ambassadorial position for the broader enterprise.
Seventeen Group CEO Paul Anscombe stated: “Each are very complementary and convey on board extremely skilled people to assist obtain our progress ambitions.
“We’ve got been rising in Scotland over a few years and see large alternatives on this area as an impartial dealer. With Keith Miller, Keith and his workforce convey a consumer service strategy which inserts extremely properly with us.”
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