Weald announces purchase of Cronin Underwood

Acquisition

Weald Insurance has announced the purchase of Sussex-based Cronin Underwood for an undisclosed sum.

Cronin Underwood focuses on commercial lines and Weald said the business has strong property owners and commercial combined books of business.

Chris Gibbs, managing director of Weald, commented: “Cronin Underwood has a fantastic spread of business which will provide us with capacity for growth and strengthen our offering within the region and I can’t wait to grow these relationships further.”

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