Synergy Plus ready for more buys

Synergy Plus Group, established to acquire a group of insurance brokers, has completed its first buy.

Following its purchase of CUS Underwriting, which is based in Stoke-on-Trent, Synergy Plus said it was aiming to complete more insurance acquisitions in order to enter the Insurance Age Top 100 Independent Brokers 2008 listing.

The group will be targeting a total network of 25 to 30 regional brokers, which typically have a turnover of between £0.5m and £1.5m with growth potential. Each business

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