GRP-owned Sagars buys Preston broker

Deal

Sagar Insurance has acquired Anderson Ashcroft Insurance Brokers, a Preston-based commercial insurance broker. 

It is the second deal for Sagars since it became part of Global Risk Partners in 2018. The broker bought Thomas Cook in 2019.

Anderson Ashcroft’s GWP was not disclosed.

John Meadows, chief executive of Sagars, confirmed the purchase of the business and said the deal has received regulatory approval.

Staff
All staff, including the two directors, John Anderson and Ian Ashcroft, will

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