Equity acquires in Suffolk

Equity Insurance Group has expanded its presence in East Anglia through the acquisition of Mildenhall broker, Kents Insurance Brokers.

Trading since 1948, Kents Insurance Services was owned by co-directors Jim and Janice Edwards. It handles both personal lines and commercial insurance, having grown steadily through local acquisition.

They and all existing employees will remain with the business.

Mike Hutton, Equity's acquisition director said: "Kents is another successful business fitting the group's acquisition criteria and provides a natural extension to our existing East Anglian branches in Norwich, King's Lynn, Ramsay and

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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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