Skip to main content

Exeter-based broker targets South west with Devon acquistion

UK records surge in all-equity buyouts

Fidelius Insurance Services has acquired Devon-based Ottery Insurance Services for an undisclosed sum.

Ottery Insurance Services currently controls £2.4m in gross written premium and under the terms of the deal, Fidelius will retain all nine employees.

Fidelius, which also has offices in Bath, said the acquisition formed part of plans to grow its business in the south west.

Matt Sanders, managing director of Fidelius, said: “Ottery Insurance Services is a very successful broker with an impressive client list, excellent staff and we are delighted to have completed the deal. Clients will benefit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Show password
Hide password

Blog: Is an AR boom incoming?

As the number of independent brokers reduces year on year, is the appointed representative model the way forward to bolster competition in the market following years of consolidation? Rosie Simms ponders the question.

FCA proposes 1.4% fee rise for broker block

The Financial Conduct Authority is consulting on raising levies from brokers by 1.4% in 2026/27 – double its annual budget increase – as it also laid out its work programme going into the second year of its five-year strategy.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: