Academy has more in the pipeline after CIC swoop

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Academy Insurance Services (AIS) has swooped to buy Surrey-based Crown Insurance Consultants (CIC) and admitted there are still more deals in the pipeline.

The broker - whose head office is in Pangbourne, Berkshire - has its eyes on a few more deals before the end of the year.

Speaking to Insurance Age, AIS chairman David Bard, said high street brokers offer the best prospects when it came to expanding the company's reach.

He explained: "When we acquire customers from well-established brokerages the renewal retention tends to be very good and relationships between clients and staff are already established.

"We have talked to two or three other

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