Hayes Parsons buys yacht underwriting agency Admiral Marine

sunseeker-portofino-40-yacht

Bristol-based Hayes Parsons Insurance Brokers has bought specialist underwriting agency Admiral Marine in Salisbury, for an undisclosed sum.

Admiral, founded in 1991, specialises in insuring sailing yacht and motor boat vessels on a worldwide basis and has £1.4m of gross written premium.

All staff along with the brand and office will be kept and managing director Robert Holbrook will continue to lead the team.

Chartered broker Hayes Parsons, which has £12m of GWP and 27 staff, flagged that

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: