Miles Smith makes two acquisitions
Lloyd’s broker Miles Smith has bought wholesaler motor fleet specialist Parker Norfolk and the UK operations of RL Davison.
The company, which has Amlin as a minority shareholder, claimed the acquisitions gave it greater reach to UK brokers as well as providing a wider product and service offering to its own staff.
Parker Norfolk, which was acquired in October, has become a wholly owned subsidiary of Miles Smith. Its team of six will continue to trade from its Sudbury offices and under the Parker Norfolk brand.
RL Davison will join on 1 December and has transferred its UK motor and commercial London market operations
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