The business has struck a deal with I & D Insurance Services which is based in Alyth.
The private equity move sees co-founder Gary Edmondson leave the managing general agent.
The recently re-financed business is aiming to find a longer-term backer in 2021.
The deal is the latest in a long line of acquisitions by the group.
Broker specialises in household, landlord and learner driver insurance and all staff will remain with the business.
The move highlights the American company’s intention to develop its operations in the UK.
Doing things differently: CCRS managing director Neil Campbell tells Insurance Age what motivated him to start the company and why the industry needs to up its game
Is the raft of recent redundancies at providers a coincidence or part of a larger trend in the industry?
The editorial team get their teeth into the top stories.
Adam Powell takes over as CEO as Sure Thing!’s Brendan Devine, Stevie Sutherland and Kevin Kiernan exit the business.
Once upon a time you could not keep Cobra out of the news. Insurance Age content director Jonathan Swift reflects on how the business regrouped almost by stealth to become the latest important part of the PIB growth story.
On the 1st May Simon Cooter effectively handed over the commercial and high net worth director baton at Covea to Carolyn Callan and became in his words ‘minister without portfolio’. At last week’s British Insurance Brokers’ Association Conference…
Professional Insurance Agents is the first deal for Cavendish Munro since it was bought by Global Risk Partners in 2016.
Firm has seen an number of employment changes as it works to merge the two brokers following PIB's acquisition of Lorica in March last year.
Following the news that Aon had pulled out of takeover talks with Willis Towers Watson, speculation is rising about what the broking giant could do instead
The affinity speciality has bought both the firms which include the Insurance2Go and Better Buy Insurance brands.
Broker Network Partners rebrands as Ethos to separate deals from its networks as CEO Des O’Connor reiterates that the networks will remain apart.
Castle specialises in tour operators, food and leisure, and health and beauty, and will act as a hub for the Lincolnshire region.
Purchase of West Midlands-based broker is County’s first deal of 2019.
Deal is Saffron's third since it was bought by Broker Network a year ago.
The business, currently funded by Bowmark Capital, is seeking additional investment to secure its longer term acquisition pipeline.
Broker hails independent status after recent Autoline deal.
As the cold weather settled in brokers clicked on an unrated Danish insurer going bust, RSA redundancies and Brexit.
Swiss Re-owned firm anticipates IPO in 2019.