Insurance intermediary Specialist Risk Group has revealed its latest strategic move: the acquisition of Cheshire Insurance Brokers. This development marks Specialist Risk Group’s fifth acquisition this year.
Established in 2010 by Dominic Leach and Victoria Benito, Cheshire Insurance Brokers has garnered a stellar reputation for crafting tailored insurance programs. The company’s forte lies in delivering insurance solutions to global recruitment agencies, in addition to serving commercial, professional businesses, and High Net Worth clients in the UK. This acquisition strengthens SRG’s retail pillar, known as Specialist Risk Insurance Solutions (SRIS), further enhancing offerings for both corporate and private clients.
Lee Anderson, Deputy CEO of SRG, expressed his enthusiasm regarding the acquisition, highlighting the compatibility of both teams: “When I first met Dominic, it was evident that he and his team would flourish within SRG.
“I am thrilled to extend a warm welcome to Cheshire Insurance Brokers as part of Specialist Risk Group. This acquisition underscores our dedication to investments in specialized sectors, fortifying our capabilities in the retail aspect of our business. SRIS has achieved remarkable progress in recent years, and with the inclusion of Cheshire Insurance Brokers, we intend to build upon this success, delivering an exceptional retail proposition to our esteemed clients and partners.”
Dominic Leach, Managing Director of Cheshire Insurance Brokers, expressed optimism about the collaboration: “Teaming up with Specialist Risk Group presents an exciting prospect for Cheshire Insurance Brokers’ clients. We eagerly anticipate harnessing our specialized expertise alongside Specialist Risk Group’s resources and network, ensuring an unparalleled offering and service continuation for our clients.”
The collaboration was announced in a press release.