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Giles sets sights high with plans to build 'global brand'

Following the recent private equity-backed management buyout of Giles, valued at £45m, the broker ha...

Following the recent private equity-backed management buyout of Giles, valued at £45m, the broker has indicated its ambitious long-term plans.

The move, which sees ownership split evenly between Chris Giles, the staff and backers Gresham, will facilitate Giles' desire for the broker to make its mark as a consolidator.

Chris Giles, who is due to move to Surrey by the end of the summer to strengthen links with Lloyd's, told Professional Broking he was looking for "bolt-on" acquisitions for its 18

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SRG broker to wholesale pothole damage cover

Strategic Insurance Services has launched a vehicle insurance product designed to cover damage caused by potholes, making it available to brokers on a wholesale basis for private motor and commercial fleet clients.

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