Green Insurance Group acquisitions secure regulatory nod
Insurance Business America | May 03, 2019
Reid Briggs Insurance Brokers Ltd and Clifton Morley Associates Ltd are now part of Global Risk Partners (GRP) company Green Insurance Group (Greens). Regulatory approval has been granted to both deals, financial terms of which were not disclosed. The completion of the transactions will see the immediate transfer of Welling-based Clifton Morley to the Dartford office of Greens, while Reid Briggs is staying put in its existing Eastbourne location. “We are delighted to welcome Andrew Briggs, Kevin Barnard, and the Reid Briggs team to Greens, and extend the same welcome to Bill Morley and the Clifton Morley team,” commented Greens chief executive Duncan Coleman. “They are experienced professionals with strong and longstanding relationships in the local business communities they serve.” The CEO, who noted that the acquisitions bring £9.2 million in gross written premium to Greens, added: “We look forward to them playing an active role in extending our reach across the South East.” He stated further that they will continue to snap up businesses that will advance the firm’s ambitious growth plans.