Specialist Threat Group (SRG), the London-based insurance coverage middleman, introduced the acquisition of Anthony James Insurance coverage Brokers, topic to regulatory approval.
Monetary particulars of the transaction weren’t disclosed. This newest acquisition additional expands and strengthens SRG’s retail pillar, Specialist Threat Insurance coverage Options (SRIS).
Based in 2009 and headquartered in Loughborough, England, Anthony James Insurance coverage Brokers has constructed a robust status for offering complete insurance coverage providers for companies throughout the UK, SRG mentioned. Its experience spans a variety of sectors together with business, company, and high-net price private traces, making Anthony James a helpful addition to SRG’s present portfolio.
Chairman and founder, Steve Boorman, and managing director, Jacob Duckworth, will proceed to guide the enterprise, aiming to speed up development each organically and thru acquisitions. Their workforce of fifty workers may even transition to SRG, sustaining operations from the Loughborough and Nottingham workplaces as they set up and strengthen SRG’s presence within the East Midlands.
Anthony James turns into SRG’s fifth acquisition because it introduced its new funding companions, Warburg Pincus and Temasek, in Could this 12 months, SRG famous.
“Steve, Jacob and the workforce at Anthony James are an excellent addition to our rising group. They’ve constructed a quick rising and worthwhile enterprise that we’ve got admired for plenty of years, and we’re delighted to welcome them to SRG,” commented Lee Anderson, SRG group deputy CEO, in an announcement.
Supply: Strategic Threat Group
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