Berkeley Burke in MBO
Grahame Berkeley, chairman of Berkeley Burke Holdings, has confirmed that the business had been purchased by a new company, Berkeley Insurance Group.
The majority shareholders of the new group are Andrew Bedford, chairman and Tim Maxted chief executive officer. Berkeley Burke was formed in 1973 by former directors of an international Lloyds brokerage which was taken over by a major competitor.
Mr Berkeley commented: “The experience of being ‘sold’ had a lasting impression on me and I know the negative emotions that such an event can generate. I have, as a result, long held the ambition of effecting the sale of our business to the existing
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Aviva to open branches in Chelmsford and Southampton
- Pen inks £150m social housing capacity deal with SiriusPoint