Romero Insurance Brokers
Gallagher reveals new UK retail structure and leaders after AssuredPartners deal
Gallagher has created two new trading divisions for UK retail – led by Gary Fletcher and Simon Waine – after buying AssuredPartners, which added 1,000 colleagues and a number of businesses to the broker across the UK and Ireland.
Romero reveals profit and turnover surge under AssuredPartners ahead of Gallagher deal
Romero Insurance Brokers achieved £19.07m of turnover and post-tax profit approaching £6m in 2024, the only full year it was exclusively owned by AssuredPartners.
Market Movement Index: All change
New analysis from Broker Insights reveals a shifting picture as higher premium risks move more, softer rates take hold and brokers shift to use smaller, dynamic providers over traditional markets. Rachel Gordon reports.
Gallagher to cement UK broking top spot with £10.5bn AssuredPartners swoop
Broking giant Arthur J. Gallagher has signed a definitive agreement to acquire US rival AssuredPartners, it announced this morning.
Leeds regional review: Buoyant market optimistic for continued growth
Insurance experts in Leeds are confident in the region’s prospects as competition for talent ramps up, reporter Rosie Simms discovers in her review of the Yorkshire city.
Broker Expo 2024: Brokers urged to focus on claims to grow successfully
Brokers can easily get pulled into a ‘downward cycle’ which will thwart growth plans if they fail to manage their claims process.
Romero posts £3m profit
Romero Insurance Brokers has reported £2.93m of post-tax profit in truncated results as it shifted its financial year end after being bought by AssuredPartners.
Top 100 UK Brokers 2024: Full table listing
Insurance Age is delighted to share its 2024 Top 100 UK Broker rankings supplied by Insuramore and sponsored by Open GI.
Top 100 UK Insurance Brokers 2024: Introduction
Welcome to the Top 100 UK Insurance Brokers for 2024, which Insurance Age has put together again with the help of Insuramore.
Simon Mabb named head of UK regions at AssuredPartners
The new head of UK regions at AssuredPartners has promised a focus on organic growth as he looks to facilitate support and co-operation across the business in the recently created role.
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.
How is broker M&A shaping up for acquirers and consolidators in 2024
With Insurance Age reporting on more than 100 broking deals alone in 2023, there still seems to be a healthy appetite for mergers and acquisitions in the sector. Saxon East reflects on the last 12 months and asks what the future has in store for further…
Energy and growth key to Romero deal, says AssuredPartners boss
AssuredPartners stands ready to help push the Yorkshire-based firm on its growth journey, says UK & Ireland CEO.
What does it take to be a broker NED?
Broker non-executive directors need to have excellent communication skills, bucket loads of experience, and be mindful of conflicts of interest, experts tell Ida Axling.
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.