Hero acquires 32,000 motor insurance policies
Hero Insurance Services, the broking arm of Highway Insurance Holdings, has purchased 32,000 private...
Hero Insurance Services, the broking arm of Highway Insurance Holdings, has purchased 32,000 private car policies from BGL's Local Broker. Reportedly costing £2m, the purchase marks another significant step in positioning Hero as a leading player in the personal lines distribution sector, according to Hero's managing director Paul Cosh. BGL - formerly known as the Budget Group - is set to receive more of Hero's funds after the broker announced that it would also be appointing BGL's subsidiary
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