Venture Insurance buys Poole Martin

deal-hand-pen

The deal will take Venture’s GWP up to £13m a year.

Bristol-based broker Venture Insurance has bought neighbouring firm Poole Martin for an undisclosed sum.

Venture said the move would take its placing premium up to £13m a year and that staff numbers would increase to 22.

Poole Martin staff will move into Venture's new offices.

Directors of Poole Martin Andrew Bollen and Richard Evans said their main priority with the sale was long-term continuity for clients and staff.

Venture Insurance, managing director Simon James commented that he hoped the

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.

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

This address will be used to create your account

Arch goes live on Applied

Applied has confirmed that Arch Insurance has launched a specialist property owners insurance product on its commercial e-trading panel.

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.