Insurance Age

Farr extends three-year contract with homes provider

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    • Andrew Pearce

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Social housing risk specialist Farr Insurance has secured a three-year contract extension worth some £340,000 to provide cover for Worcester Community Housing.

The Chelmsford-based broker - which was acquired by Arthur J. Gallagher in May as part of its deal to buy Barbon Insurance Group - overcame competition from several other rivals to be awarded the contract.

The broker had previously provided cover for the not-for-profit company - which owns and manages Worcester City Council's rented homes - but, by law, the contract had come up for tender in the open market.

Farr MD Joe Murphy told Insurance Age: "We were up against severe competition for the

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