Cooper Gay buys Newman Martin and Buchan
Cooper Gay Swett & Crawford (CGSC) has bought independent Lloyd’s insurance and reinsurance broking group Newman Martin and Buchan (NMB).
The NMB brand will be retained within the CGSC group and Newman Martin and Buchan will continue as a separate Lloyd's broker focused on the energy and related sectors and the ‘NMB Specialty' coverholder business.
Toby Esser, CGSC CEO commented: "I am delighted with this important acquisition, our first major deal since we received significant investment from Lightyear Capital and achieved a successful debt refinancing earlier this year.
"The combination of Cooper Gay and NMB in London will
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