Brown & Brown Europe

Brown & Brown (Europe) has acquired 100% of the share capital of The CI Group Holdings Ltd (‘CI Group’), a trade credit insurance solution specialist. Founded in 2000, CI Group provides credit insurance solutions for banks and other commercial lenders via its in-house developed technology platform, E-Bonded. The business also facilitates access to debtor insurance for UK SME businesses. Today, CI Group helps protect over £6 billion of trade turnover in the UK and internationally, with its customer base ranging from £250k to £250m in annual turnover. CI Group will continue to be led by founder and managing director Mark Toulmin, who will work closely with Steve Stennett (CEO, Xenia Broking) to further enhance their differentiated platform and best-in-class service for lenders and SMEs. Read the full announcement on our website - https://bit.ly/4dAt7Dn

J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., Aquiline Capital Partners, Gijsbert van de Nieuwegiessen and the management ownership team of Quintes Holding B.V. (“Quintes”), today announced that the parties have entered into an agreement to acquire the Quintes insurance operations. The transaction, which is subject to regulatory approval, is expected to close in the fourth quarter of 2024. Quintes was founded in 2012 by Gijsbert van de Nieuwegiessen and is one of the largest independent insurance brokers in the Netherlands. Quintes serves approximately 200,000 customers across its three main divisions: broking, MGA and pension business. Headquartered in Waardenburg, Netherlands, Quintes is composed of approximately 700 insurance professionals operating across 18 locations in the Netherlands. Quintes will continue to be led by Gijsbert van de Nieuwegiessen, chief executive officer and founder. Following the completion of the transaction, Gijsbert will report to Mike Bruce, chief executive officer of Brown & Brown (Europe) Limited, who also serves as a member of the Brown & Brown, Inc. senior leadership team. Read the full announcement on our website - https://bit.ly/3WF2zuZ #BBThePowerOfWE

Premier Choice Group (PCG), the PMI and employee benefits business of Brown & Brown (Europe), has completed a deal to buy the employee benefits intermediary Advo Group Limited (Advo). The deal is the latest in a string of acquisitions by PCG, which completed six in the first half of 2024. PCG, with offices in London, Towcester, Bournemouth, Darwen and now, with the addition of Advo, Maidstone, work with the UK’s major insurance providers for health, risk and protection products. Advo is an advisory firm based in Maidstone, Kent, specialising in employee benefits for domestic and international customers. The business recently restructured to carve out the HR and Payroll division, ‘Advo One’, which will remain within the Advo Holdings Limited businesses. Advo directors Larry Bulmer and Colin Boxall will remain with Advo One. Under the terms of the acquisition, which has been completed following regulatory approval, PCG will add Advo’s employee benefits business to its existing proposition. Lucy Irvine, head of employee benefits at Advo, will continue in that role as the team expands its activity in the South East as part of the Brown & Brown team. Lucy Pearce, Advo Group’s Commercial Director, will join the PCG management team and be the commercial director for PCG, working alongside the recently appointed managing director Darren Perkins. Commenting on the acquisition, Darren Perkins, managing director of PCG, said: “It’s great to be able to boost our employee benefits proposition by adding this dynamic team of professionals in the South East. They are a highly respected and experienced team with a strong reputation for service in employee benefits. The book of business they bring to PCG will also give us scale advantages and a high-quality customer list from which we expect to build out with additional services.” Stephen Hough, director of PCG, also commented, “Since PCG became part of what is now Brown & Brown in July 2020, we have followed through on our strategic ambitions to lead concentration in what has historically been a disaggregated market. Thanks to a disciplined strategy that targets successful businesses, PCG has become a powerful force in the private medical insurance and employee benefits sector, with the additional support and firepower from Brown & Brown.” Lucy Pearce said: “Becoming part of PCG/Brown & Brown gives us an excellent opportunity to establish a leading market presence in the employee benefits market. We are all very excited by this new opportunity, which comes on the back of our successful period of growth within Advo Group. The next stage of our journey promises to be exciting, and we look forward to being part of PCG.” #BBThePowerOfWE

Brown & Brown (Europe) has acquired 100% of the equity capital of T Oscar Rollins & Company Ltd, trading as Rollins Insurance Brokers (Rollins). Rollins was established in 1945 by T Oscar Rollins and has operated as a family-owned business with strong ties to the local business community it serves in Holywood, Northern Ireland. Rollins writes commercial and personal lines insurance, specialising in arranging insurance for social clubs, golf clubs and other sports clubs and associations. After the deal, which has received regulatory approval, Rollins will become part of Brown & Brown’s Northern Ireland business ABL Group. The Rollins team, including managing director Dermot Rollins, will stay on and take Rollins onto the next stage of its development, reporting to ABL Group CEO Maurice Boyd. Speaking about the acquisition, Maurice Boyd said Rollins is a “gem of a business, with outstanding service to customers, a great tradition, sense of history and deep roots in the local community. They are a business with outstanding customer retention and entrepreneurial leadership keen to expand its footprint across select markets. Rollins is an outstanding addition to ABL Group, and it is a great pleasure to welcome Dermot and his team to Brown & Brown.” Commenting on the transaction, Dermot Rollins said, “Brown & Brown has an instinct for businesses like ours, and their understanding of our culture and ethos made the decision to put our future in their hands easy. We look forward to working alongside Maurice and the rest of the team and contributing to Brown & Brown’s position as a forever company.” #BBThePowerOfWE #WelcomeToTheTeam #Insurance

👏 Huge congratulations to Premier Choice Healthcare Ltd who have been shortlisted for three awards at the 'UK Health & Protection Awards 2024'. The team are in the running for the following categories: 'Best Group Protection Advice Firm' 'Best Health Insurance Adviser (for individual advisers)' 'Best Workplace Wellbeing Advice Firm'. The winners will be announced at the awards ceremony on Wednesday 10th October at the London Hilton Park Lane. Well done team and good luck for the finals! 👏🏆🎉 #BBThePowerOfWE #wellbeing #healthcare

Huge congratulations to our Claims team who won the ‘Claims Team of the Year’ award last night, at the Claims Excellence Awards 2024 held by Insurance Times. The team were up against over 20 companies in the category where they were shortlisted to the final five amongst some big industry players.   Our Claims team was built from scratch less than 18 months ago, and since its formation they have been consistently delivering for our brokers and customers as part of our virtual insurer model. This reflects our Group commitment to delivering the best customer outcomes as we continue to grow and develop our proposition.   Winning the ‘Claims Team of the Year’ award is a fantastic achievement and testament to the team who have worked extremely hard since its creation back in January 2023.   Well done team!! 👏🏆🎉 #BBThePowerOfWE

Premier Choice Healthcare Ltd (PCH), the health insurance intermediary owned by Brown & Brown (Europe), has completed its third acquisition in three months. In March, PCH acquired 100% of the share capital of Midlands-based intermediary Central Healthcare Limited. Closely following in April was the acquisition of PCH Solutions, an intermediary partnership based in Kent. Rounding out the three transactions, PCH has acquired 100% of the share capital of NW London-based intermediary MGM Health Limited from Dr Geetha Muralee, who is a well-established specialist in the health industry. All three intermediaries write consumer and business healthcare insurance, and, following the deals, Marc Nicol (director of Central Healthcare), Ian Reader and Russell Turner (Partners of PCH Solutions) and Dr Geetha Muralee will become PCH ambassadors. PCH managing director Stephen Hough said: “Beyond giving us three well-established books of business, the deals will enable us to continue to build out our ambassador programme. This gives our very experienced intermediaries the opportunity to stay involved, maintain strong relationships with existing customers and help develop other members of our team by sharing their experience and their industry knowledge.” https://bit.ly/4dRmXiU #BBThePowerOfWE #WelcomeToTheTeam

Brown & Brown (Europe) has acquired the business and assets of BNF Insurance Services, a retail broker based in Clacton, Essex, who write insurance for commercial customers and creatives, as well as property and motor. Proprietor Barry Burns, who operates as a sole trader, and the rest of the transferring team will operate from the WM Brokers office in Ipswich, as part of the Brown & Brown team covering East Anglia. David McGowan ACII, Managing Director of WM Brokers, said: “It’s great to welcome Barry and his team to Brown & Brown. He has run a highly successful brokerage with a quality book of customers and a strong affinity for the local area where his business operates. BNF will be a valuable addition to our portfolio.” #BBThePowerOfWE #WelcomeToTheTeam #Insurance

Brown & Brown (Europe) has acquired 100% of the share capital of Garratts Insurance Brokers Limited, a family business dating back to 1877. Current directors Richard Garratt and John Grindley have recently overseen a period of expansion, with customers benefiting from a comprehensive product set, including commercial and SME, property owners, charities and contractors. Alastair Christopherson, Regional Managing Director at Brown & Brown (Europe), said: “We are thrilled to be acquiring a business with such a long-standing family history, and we look forward to welcoming Richard, John and the rest of the Garratts’ team.” “The business will continue operating in Preston and I look forward to supporting them as they embark on the next stage of their journey as part of the Brown & Brown team.” #BBThePowerOfWE #WelcomeToTheTeam #Insurance