The process of consolidation in the broker sector continues, as the latest deal pings its way into the IE inbox;
Talbot Jones Ltd, a chartered insurance brokerage, specialising in Third Sector and Small Business risks, has acquired March Insurance Services, a commercial insurance brokerage based in Pwllheli, North Wales.
The move to acquire March Insurance Services first started in March 2021, to provide Managing Director Amanda Williams with a flexible working environment and in line with Talbot Jones Ltd’s growth plans, provision of high-quality employment opportunities and a continued role in improving standards in the insurance industry, building public trust in insurance.
“Having grown up in Powys, and following the successful acquisition of a brokerage in the Rhondda in 2019, we are really excited to be consolidating our presence in Wales.” said Talbot Jones Ltd’s Managing Director, Richard Talbot-Jones “With a team member launching a North West hub in the Lakes this month to better serve our high number of North West of England clients, we are looking forward to building more relationships in a wider area, working alongside Amanda who shares our values of Community, Excellence and Integrity.”
Williams explains “I look forward to joining the Talbot Jones Ltd team. They hold Corporate Chartered Status with the Chartered Insurance Institute, testament to their excellent service levels and their relationship with Ten Insurance provides my clients with options from an even larger base of insurers, allowing an even greater competitive edge.”
The acquisition of March Insurance Services fits into Talbot Jones Ltd’s strategy to help more organisations to better understand and manage their risks so they can move forward with confidence, resilience and impact on a wider scale. By purchasing March Insurance Services, Talbot Jones Ltd is able to expand its geographical footprint, significantly grow its book of business and have a wider positive impact. “With the work of Talbot Jones Ltd being recognised in the award of this year’s Chartered Insurance Institute Building Public Trust award, this is an opportunity for us to provide the highest levels of customer care and expertise to more communities” explains Business Development Director Clare Talbot-Jones.
Colin Halliday, Broker Relationship Director of TEn Insurance Services said “we are delighted to have worked with Talbot Jones Limited since 2015 as one of our Network members and their continued success is testament to the hard work and dedication of the team. Being able to assist Richard & Clare with this acquisition was easy because they are a delight to work with, and their professionalism and client focus knows no boundaries. We very much look forward to supporting their continued growth for many years to come”.