“The problem that I’ve taken on, and I’ve mapped out, is each natural progress maintained in double digits and a wholesome quantity of progress coming by means of new merchandise,” Ripe CEO Alan Thomas has informed Insurance coverage Age.
Thomas, pictured, joined the agency final September after eight years at Merely Enterprise.
His targets for 2025 embrace “greater than two, lower than 5” acquisitions.
Ripe made its first ever purchase in September 2023 snapping up specialist boat insurance coverage supplier Craftinsure.
In October 2024 it signed as much as takeover non-commercial marine insurance coverage specialist GJW Direct from Munich Re Specialty, in a deal anticipated to shut within the first half of this yr.
“We’re not in search of to be a consolidator,” Thomas
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