Ataraxia takes stake in Whitefield Insurance Services
The deal sees Stephen Hopwood take the reins at the Ramsbottom-based broker as Steven Foster exits.
Ataraxia Broking has invested an undisclosed sum into Lancashire-based Whitefield Insurance Services to facilitate a management restructure.
The funder told Insurance Age that business was jointly owned by Steven Foster and Stephen Hopwood, and they were looking for options to allow Foster’s exit from the business, both as a director and shareholder.
According to the investor a full sale to a buyer was not the solution Foster or Hopwood were looking for.
Solo
Ataraxia said in a statement:
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
Top 100 UK broker joins the Insurance Fraud Bureau
The Insurance Fraud Bureau has added Tempcover to its membership, integrating the specialist broker’s data into the anti-fraud network.
Coversure adds sixth new office of 2026 with Watford opening
Coversure Insurance Services has strengthened its presence in Hertfordshire with the launch of a new Watford operation.
Aviva PL CEO Morris: DLG now a non-issue for brokers
Aviva’s takeover of Direct Line is coming up less and less in the insurer’s conversations with brokers, according to its personal lines boss.
Verlingue grows again in 2025, EBCam deal price revealed
Top 100 UK broker Verlingue Holdings grew profits and turnover in 2025, maintaining its long-running expansion streak.
Interview: Gallagher’s Karen Greenhalgh
Karen Greenhalgh, head of broking and placement for the commercial division at Gallagher in the UK, details her route into insurance, being one of the very first recruits when the US giant entered the retail market, and following her recent promotion her vision for her new role at the consolidating behemoth.
Adler Fairways notches up second buy of 2026 post Intact investment
Adler Fairways has completed the acquisition of the insurance broking arm of W B Baxter, based in Essex.
US to feel the brunt of Acrisure's 11% workforce cull
Acrisure has stated that most its upcoming job cuts will be in the US.
Momentum AR completes deal for Swansea broker
South Wales Insurance Brokers has completed the strategic buy-in to Swansea-based firm Fisher Insure Services.