Romero Insurance Brokers
Romero boosted turnover and growth by more than 20% in run up to sale
Romero Insurance Brokers achieved a 31% rise in post-tax profits to £5.04m ahead of being snapped up by AssuredPartners.
Romero ready to roll forward after AssuredPartners deal, says MD
Romero has found a “great” new home, and is ready to continue its growth journey under the new ownership of AssuredPartners, having doubled in size over the past five years.
AssuredPartners seals biggest deal yet with Romero buy
AssuredPartners has bought Leeds-based Romero Group, which includes Romero Insurance Brokers, Sentient Group and Club Insure.
Romero explores sale options as consolidators circle
Romero, one of the UK’s largest independent brokers, is exploring sale options, Insurance Age understands.
Top 100 UK Brokers 2023: Directory - £15m - £20m
Abacai Holdings - AssuredPartners - Bridge - Grove & Dean - Hughes Insurance (Liberty Mutual) - Kelliher Insurance Group - Reich Group - Romero Insurance Brokers - Tempcover (RVU) - Verlinque (Adelaïde Group) - W Denis Group
Insurers urged to help nightlife industry amid fears of a capacity crisis
With the UK nightlife insurance market dominated by one capacity provider, industry experts have called for more competition amid fears any scaling back or exit would have severe consequences on the sector.
Brokers need to get on the front foot and mirror fee increases of lawyers and accountants
Brokers should follow the lead of other professional services and not be sheepish when it comes to putting up client fees to reflect the value they add.
Romero Insurance Brokers grows turnover and profit over 20% in 2022
Romero Insurance Brokers has posted a 29% rise in profit after tax to £3.84m as turnover soared 25% organically to £13.6m in the year to 30 April 2022.
Romero Group makes first acquisition
Independent broker the Romero Group has made its first acquisition, purchasing the Sentient Group.
In Depth: Niche lines - Helping out the third sector
With inflation running at more than 11%, the highest rate since 1981, the charity sector faces increasing demand for its services due to the cost-of-living crisis at a time when it is under immense pressure to keep its own operations intact. Ed Murray…
Romero boss urges brokers to donate as Kevin Sinfield raises £2m for MND charities
Romero managing director Simon Mabb has called on brokers and the insurance sector to dig deep and support rugby league legend Kevin Sinfield’s efforts to raise money for MND charities.
Romero on track to double its business
Managing director, Simon Mabb has revealed that Romero is on track to achieve its five year plan of doubling its business by 2025.
Romero sells Booking Protect to Cover Genius
Romero Group has sold its global refund protection specialist Booking Protect to Cover Genius, the insurtech for embedded insurance.
ESG Round-up - July 2022
Insurance Age rounds up the key stories from the insurance sector’s environmental and social governance agenda, featuring Aviva, Brit Insurance, Romero Group and Partners&.
Romero sees profits rise as it reveals 2021 results
The Leeds-based broker has also announced two new appointments as part of its 2022 strategy of investing in talent.
Brokers hit out at "antiquated" attitude to cover for sex industry clients
Analysis: Insurance specialists say a change of mindset is needed as brokers struggle to find cover for legitimate businesses in the sex industry as a result of prudish insurers viewing them as a 'moral hazard'.
News Analysis - “Everybody’s service is rubbish” – insurer service uncovered
Edward Murray explores why brokers are being left out in the cold when it comes to insurer service and asks what has driven the collapse in quality
Romero opens seventh office
The business has expanded with a location in Harrogate.
Broker NDML and night time industry agree £5.2m BI claims settlement with Hiscox
The settlement follows on from the Supreme Court judgment in the FCA's BI test case in January.
In-depth - SMEs: The expectation gap
The pandemic has changed the way many businesses percieve insurance, but, as Sam Barrett reports, brokers are ideally placed to help SMEs get the right covers in place going forward
In-depth - SMEs: All change for small businesses
With retailers turning from physical shops to online sales and the hospitality sector focusing on deliveries and outdoor dining, Sam Barrett looks at how insurance needs have changed in the pandemic