ProtectaGroup continues expansion
ProtectaGroup has continued its rapid expansion with the successful acquisition of Hodge Insurance Brokers, the general insurance subsidiary of Julian Hodge Bank, in a multi-million pound deal.
In its eleventh successful acquisition, South Wales-based ProtectaGroup has bought the entire issued share capital of the Welsh insurance firm.
All of the Hodge Insurance Brokers staff, as well as the premises in Cardiff, will be retained in an acquisition that will see ProtectaGroup further cement its position as Wales’ largest independent insurance broker.
ProtectaGroup now has a total of 140 staff and will project a brokerage and sales turnover circa £9m and £35 million respectively for the
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