![UK insurer Seventeen Group executes double deal UK insurer Seventeen Group executes double deal](https://insuranceinfonews.com/wp-content/uploads/sites/8/2024/03/shutterstock_667884691-1.jpg)
[ad_1]
![](https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2024/03/shutterstock_667884691-1.jpg)
UK-based multi-disciplined insurance coverage and threat administration organisation Seventeen Group has introduced the strategic acquisition of Keith Miller Insurance coverage Providers and a e-book of enterprise from Hendricks Insurance coverage.
Hendricks Insurance coverage specialises in providing insurance coverage broking companies options to entrepreneurs, small medium enterprises, and pre-eminent landowners within the UK.
The acquired e-book 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 e-book features a numerous mixture of rural, industrial, in addition to personal shopper companies.
Hendricks Insurance coverage proprietor Ritchie Sherret will now transfer to Seventeen Group along with his four-member staff.
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.
Entry probably the most complete Firm Profiles
in the marketplace, powered by GlobalData. Save hours of analysis. Acquire aggressive edge.
Firm Profile – free
pattern
Thanks!
Your obtain e-mail will arrive shortly
We’re assured concerning the
distinctive
high quality of our Firm Profiles. Nevertheless, we would like you to take advantage of
useful
choice for your enterprise, so we provide a free pattern that you may obtain by
submitting the under type
By GlobalData
The division at present 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 Providers, is an impartial private and industrial insurance coverage middleman controlling a GWP of £2.5m.
This firm affords a variety of merchandise together with these for lodges, agriculture, industrial autos, and golf programs.
In line with Seventeen Group, Keith Miller Insurance coverage Providers’ robust lodge e-book is especially complementary to James Hallam’s Hospitality & Journey staff, whereas Keith Miller additionally manages numerous key long-standing shoppers throughout a number of sectors.
Keith Miller Insurance coverage Providers can even rebrand to James Hallam and its staff will be a 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 over an ambassadorial function 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.
“Now we have been rising in Scotland over a few years and see big alternatives on this area as an impartial dealer. With Keith Miller, Keith and his staff convey a shopper service strategy which inserts extremely properly with us.”
[ad_2]