GRP-owned Newstead buys Crendon Insurance Brokers

deal

Birmingham-headquartered Newstead Insurance has purchased local commercial competitor Crendon Insurance Brokers.

The deal, for an undisclosed sum, is the second for Newstead since it was bought by Global Risk Partners in 2020.

Newstead snapped up local firm Alford Burton in March last year.

GRP detailed that Crendon specialises in commercial, construction, online retail, IP and data protection/cyber liability, and other niche markets where cover may be difficult to obtain.

The business was founded in 2004 and has offices in the Birmingham city centre.

Growth

Crendon managing director Neil McLauchlan

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

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: