The latest acquisitions news for you;
Beyond Doubt Holdings Limited has reached an agreement with Airsports Insurance Bureau to buy the Hampshire-based specialist lines broker.
The deal is the next step in Beyond Doubt’s ‘buy and build’ growth strategy and is key to achieving its plan to create a nationally respected insurance brand. The purchase is the second deal this year, following the successful acquisition of Premierline.
Airsports Insurance Bureau is an independent broker with a service-led client centric approach, with roots that can be traced as far back as 1993. They employ 18 insurance experts, dealing with circa 15,000 niche and high net worth clients.
Airsports Insurance Bureau will continue to trade under their current brand name and enjoy the benefits of being part of a nationwide insurance brokerage.
Martin Tyler, CEO of the Beyond Doubt Group, said: “This is an exciting step in our goal to building a diversified national broking proposition. Airsports Insurance Bureau’s reputation in delivering specialist customer centric propositions is a great fit and addition to the Group.”
“We see a gap in the market and are on a journey to build a national broker with a diversified and differentiated customer proposition.”
He continued: “I’m pleased to welcome the Airsports team to the Group and look forward to working together to continue our future growth plan.”
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