AssuredPartners acquires PSP Group
AssuredPartners has purchased PSP Group, a deal which will complete in early 2022, subject to regulatory approval.
The broker confirmed that PSP’s team of 80 would remain in place, under the leadership of its CEO, Bob Parkins.
With offices across the West, including Somerset, Devon, Cornwall and Wiltshire, PSP is one of the largest providers of commercial and private line insurance in the region, having reported £22m of gross written premium.
Expansion
The acquisition is part of
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
Most read
- Brokers face staff shortfall amid Great Resignation
- Insurers face another Covid-19 business interruption action group
- Acrisure highlights £1bn GWP aim as it moves to "disrupt" UK broking
- Blanc exits Hastings board as Mark Cliff steps in
- Allianz appoints regional branch manager
- Howden reports 48% revenue rise for 2021
- Aviva to boost underwriting team in move to invest in regional brokers