Folgate takes over Rickard

The Folgate Partnership has continued with its buying spree with the acquisition of the general insu...

The Folgate Partnership has continued with its buying spree with the acquisition of the general insurance business of Rickard Lazenby & Co.

Kent-based Rickard Lazenby, which places over £4m of mainly commercial insurance, will retain its current staff, led by managing director Terry Hodges.

The team will join Folgate's regional hub business Folgate Risk Solutions Kent, which is based in nearby Whitstable, and was formed by the merger of Canterbury Insurance Practice and Clarke Cooper.

Rickard

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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