Erimus lifts lid on Gallagher deal

deal

Managing director Lee Elgie said Erimus had not planned to sell the business ahead of its deal with Gallagher which was announced earlier this week.

Elgie told Insurance Age: “We were never short of offers but it has never been our intention to sell. What emerged was we really liked the people at Gallagher. The discussions started off-market.”

Elgie added that the Teesside-based broker decided to sell to Gallagher thanks to the “synergies between the businesses”.

“When we considered the wellbeing of our staff and clients it felt like the perfect fit,” he said.

Looking ahead, Elgie’s short-term focus is the integration of the business. He

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 info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Markerstudy rebrands broking arm

Markerstudy Broking has been renamed to Markerstudy Distribution to encapsulate the range of products and services across the whole division, the business has confirmed.

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: