Romero posts turnover growth and post-tax profit jump in Gallagher deal year
Romero Insurance Brokers grew profit after tax by £1.21m to £7.06m in the year it was bought by Gallagher as part of the AssuredPartners deal.
A filing at Companies House revealed the post-tax profit leapt as turnover ticked up by 1.3% from £19.07m in 2024 to £19.32m as of 31 December 2025.
Across the year it achieved a client retention rate of 95%.
RelatedAssuredPartners seals biggest deal yet with Romero buyAssuredPartners has bought Leeds-based Romero Group, which includes Romero Insurance Brokers, Sentient Group and Club Insure.
Leeds-headquartered Romero was snapped up by AssuredPartners in December 2023 in a package that included
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 Insight
Westfield Specialty launches UK and Europe liability portfolio
Westfield Specialty International has launched a UK and Europe liability portfolio to expand its casualty book, promising long-term and flexible partnerships with brokers.
IUA calls for clear cyber BI claims protocols
The International Underwriting Association has called for clear cyber insurance market protocols for business interruption claims.
Ex-Allianz MD Wright joins Policy Expert
Graham Wright has taken on the chief growth officer role at Policy Expert after less than two years at Allianz UK.
Oxbow maintains motor profit predictions after record-breaking year
Oxbow Partners has forecast a combined ratio of 95% for the UK motor market this year, staying profitable at 96% next year.
Atec owner reveals divisional growth in first results
Both broker Ceta and managing general agent Arkel grew by double digit amounts in the first year of being owned by private equity house Perwyn, a filing at Companies House has revealed.
NBS expands PI placements to £10m as AmTrust provides capacity
NBS Underwriting has extended its professional indemnity capacity with a partnership with AmTrust Specialty providing an additional £5m excess layer, to streamline placement processes.
GI AR numbers fall again
The general insurance and protection sector saw the biggest fall in the number of appointed representatives last financial year, the Financial Conduct Authority has calculated.
Pen doubles limits to £10m to ‘maxmise relevance’ in SME cyber
Pen Underwriting is to double the SME cyber cover limit available to £10m for risks incepting on or after 1 July 2026.