Macbeth CEO: "We’re really pleased to add another string to our bow"

Growth

Paul Macbeth tells Insurance Age about how the broker's deal for Peter Lole came about and discusses his plans for the future.

Macbeth is gearing up for further growth following its purchase of Buckingham-based broker Peter Lole earlier this week.

Peter Lole was Macbeth’s second deal in 18 months and brought the company’s gross written premium up to £23m. 

In an interview with Insurance Age, CEO Paul Macbeth commented on what sparked his interest in Peter Lole: “We decided that this was something that was going to help Macbeth. It meant effectively buying a business that has a clear specialism and is an industry

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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