Gravity buys Hagley Insurance Brokers

Deal

Gravity Risk Services has bought Hagley Insurance Brokers for an undisclosed sum.

The move will see a team of five join Gravity, bringing the total number of staff at the Stourbridge-headquartered broker up to 30.

A spokesperson for Gravity told Insurance Age that the Hagley business will be rebranded over time.

The broker further explained that Hagley is the trading division of KRD Financial Advisors.

Gravity was formed in 2013 and has offices in Stourbridge, Leicester and Bradford.

Reputa

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