Clegg Gifford buys ARs to expand branch network
Markerstudy-bound Lloyd’s broker Clegg Gifford is targeting a branch network of 30 and is buying up its current appointed representatives, Insurance Age can reveal.
The business, founded in 1968, agreed to sell to Markerstudy at the end of last year.
CEO Toby Clegg told Insurance Age that at the time Clegg Gifford had grown to £100m of gross written premium with 265 staff.
It had 12 branches, he reported, however added that this included five former appointed representatives which had been bought up.
“We are running down the number of ARs that we have got,” he confirmed.
“One of the big Markerstudy plays at the moment is to increase the number of
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