Alexander Forbes acquires The Shepherd Group of companies

Alexander Forbes has acquired The Shepherd Group of companies. Following the acquisition, all 13 mem...

Alexander Forbes has acquired The Shepherd Group of companies. Following the acquisition, all 13 members of staff at Shepherds will join Alexander Forbes, bringing the company's total staff in the Channel Islands to over 70. Trevor Gray, managing director, Alexander Forbes Channel Islands said: "This acquisition further strengthens our positioning in our core markets. Shepherds has an excellent reputation and this acquisition fits perfectly within our strategy for the offshore islands."

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ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.

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