The Broker Investment Group supports first broker acquisition since rebrand

Deals news

The Broker Investment Group-backed Beam Insurance has snapped up a medical insurance broker, and has plans to ramp up acquisitions.

Beam has received backing from The Broker Investment Group, which is majority owned by Towergate founder Peter Cullum, for the purchase of Redditch-based AP Insurance Brokers.

As previously revealed by Insurance Age, The Broker Investment Group rebranded in January bringing Cullum-backed Ataraxia and Minority Venture Partners under the same banner.

Growth plans

Beam has two more acquisitions in the pipeline, as it targets growing gross written premium from £13.75m to £20m-£25m by 2025. Its

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

A leap yeAR blog

On this different numerical day, Emmanuel Kenning takes a look at two sets of intriguing stats from the past month.

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: