Gallagher buys Portmore Insurance Brokers

Deal

Deal is the broker's second since UK Retail CEO Michael Rea promised a return to buying earlier this year.

Gallagher has bought Portmore Insurance Brokers for an undisclosed sum.

The deal includes Portmore Insurance Brokers and Portmore Insurance Brokers (Wiltshire).

Southampton-based Portmore was established in 2006 and is a mid-market focused commercial broker covering a number of industry sectors, including both private and public sector businesses.

The business is led by founders and joint managing directors Graham Jacobs and Paul Chapman and has around 40 staff.

It will now become part of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.