London market broker completes management buyout

London

Ballantyne Brokers has completed a management buyout to become 100% owned by staff.

The buyout was completed from parent K2 Insurance Services, led by founders Ross Ballantyne and Richard Spragg.

Chief operating officer John Harris will lead the broker as it moves forward as an independent business.

The broker operates in the UK, Europe and North America. Product lines include cyber, professional liability, property and casualty, personal accident and medical malpractice.

Talent

Spragg said: “We have some ambitious plans in the pipeline which include expanding our team of

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

Most read articles loading...

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: