Brown & Brown Europe

We are delighted to announce that Nexus Underwriting (‘Nexus’), a Brown & Brown group business, has entered into an agreement to acquire Arma Fusion Limited, the parent company of Arma Underwriting Limited (‘Arma’). Arma is a leading specialty reinsurance MGA based in the Dubai International Financial Centre (‘DIFC’) in Dubai, UAE, focusing on Property, Energy, Liability, Consumer and Accident and Health (A&H) reinsurance lines. Founded in 2017, Arma has quickly built up a strong reputation demonstrated by longstanding relationships with excellent capacity partners, diversity of product offerings to the local market, strong service and tailored solutions for broker partners. Arma was awarded MGA of the year in the Middle East Insurance Industry Awards in 2023. This is Nexus’ 18th MGA acquisition since inception and marks the first MGA acquisition since they were acquired by Brown & Brown in October 2023. Arma will continue to be led by founder and Chief Executive Officer (CEO) Michael Rafter, who will work with James Lawrie (Nexus CEO UK, Europe & International) to further grow within the Middle East. Stuart Rouse, Kentro and Nexus Group Chief Executive Officer, said: “This acquisition signifies our ambition to continue investing in the rapidly growing insurance markets of Dubai and the Middle East. Arma’s business, with its range of specialty commercial products underpinned by significant underwriting specialization, will expand and enhance our existing product offering. This investment demonstrates our ambition to drive results not only through strong organic growth, but also through strategic acquisitions of organizations that fit culturally and make sense financially.” Commenting on the deal, James Lawrie, Nexus CEO UK, Europe & International, said: “Arma is a highly respected and well-established business, and I have been hugely impressed by the team’s entrepreneurial mindset, extensive technical underwriting experience and track record in delivering underwriting returns to capacity partners. I look forward to working closely with them as they embark on the next stage of their journey as part of the Nexus team.” Michael Rafter, Arma founder and CEO, added: “We are thrilled to announce this significant milestone for Arma Underwriting, marking an exciting new chapter for our company and all our stakeholders—including our dedicated employees, valued capacity and broker partners as well as loyal cedants. Joining forces with Nexus is a remarkable opportunity. We have found in them to be a partner who is not only strategically aligned but also shares our cultural values. This partnership positions us perfectly to accelerate our ambitious growth plans in the region.” https://bit.ly/3Dm7rhw #BBThePowerOfWE

We are delighted to announce that Brown & Brown (Europe) Limited (Brown & Brown) has acquired employee benefits specialists Drewberry Limited (Drewberry). Founded in 2009 by Andrew Jenkinson and Tom Conner, Brighton and London-based Drewberry offers employee benefits solutions, workplace pension support, consumer and business protection and private medical insurance services. Following the acquisition, Drewberry will operate as part of Premier Choice Group (PCG), Brown & Brown’s health, employee benefit and protection division. Andrew Jenkinson and Tom Conner will join the Premier Choice Group leadership team, and all Drewberry teammates will remain in their current roles and locations to ensure continuity and service excellence. Commenting on the acquisition, Stephen Hough, Director of Premier Choice Group, said: “Drewberry has established itself as a forward-thinking, service-led business in the employee benefits market. “Their unique technology platform, workplace pension service and specialisation in key growth areas align perfectly with our vision at Premier Choice Group, and we’re excited to welcome the entire Drewberry team to PCG.” Andrew Jenkinson, Director and Co-Founder of Drewberry, added: “This is a fantastic opportunity for Drewberry to join forces with a global leader like Brown & Brown while continuing to deliver the tailored, personal services that our customers have come to expect.” #BBThePowerOfWE

🚀 Exciting News! 🚀 We are thrilled to unveil the first stage of our rebranding to Brown & Brown with our brand-new signage right at our doorway! This marks the beginning of an exciting new chapter for us. Rest assured, while our name and look are evolving, the personalised service and dedication you’ve come to expect from your local broker remains unchanged. We are committed to continuing to provide you with the same exceptional service and support. Thank you for being a valued part of our journey. Stay tuned for more updates! #Rebranding #NewBeginnings #CheetahLife #CustomerService #LocalBroker #BBThePowerOfWE

We are delighted to announce that Brown & Brown (Europe) Limited has acquired business insurance specialists, Crosby Insurance Brokers, based in the North East. The broker will remain in its existing location of Gateshead in Tyne & Wear and will continue to be led by founder and Managing Director Stan Crosby, reporting to Neil Thornton. Founded in 1991, Crosby Insurance Brokers has built a strong reputation over more than thirty years, offering business and commercial property insurance, as well as personal lines cover. Commenting on the acquisition, Neil Thornton, Managing Director - North, Brown & Brown Retail, said: “Crosby has built a strong reputation for service and quality over many years, with strong ties to the local business community. I look forward to supporting them as they embark on the next stage of their journey as part of the Brown & Brown team.” Stan Crosby, Managing Director, Crosby Insurance Brokers, said: "This partnership marks an exciting new chapter for us. Brown & Brown has a strong culture of care that aligns perfectly with our own, allowing us to retain the personal, tailored approach that Crosby has always delivered.” The acquisition has received regulatory approval

Brown & Brown (Europe) has acquired 100% of the share capital of The CI Group Holdings Ltd (‘CI Group’), a trade credit insurance solution specialist. Founded in 2000, CI Group provides credit insurance solutions for banks and other commercial lenders via its in-house developed technology platform, E-Bonded. The business also facilitates access to debtor insurance for UK SME businesses. Today, CI Group helps protect over £6 billion of trade turnover in the UK and internationally, with its customer base ranging from £250k to £250m in annual turnover. CI Group will continue to be led by founder and managing director Mark Toulmin, who will work closely with Steve Stennett (CEO, Xenia Broking) to further enhance their differentiated platform and best-in-class service for lenders and SMEs. Read the full announcement on our website - https://bit.ly/4dAt7Dn

J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., Aquiline Capital Partners, Gijsbert van de Nieuwegiessen and the management ownership team of Quintes Holding B.V. (“Quintes”), today announced that the parties have entered into an agreement to acquire the Quintes insurance operations. The transaction, which is subject to regulatory approval, is expected to close in the fourth quarter of 2024. Quintes was founded in 2012 by Gijsbert van de Nieuwegiessen and is one of the largest independent insurance brokers in the Netherlands. Quintes serves approximately 200,000 customers across its three main divisions: broking, MGA and pension business. Headquartered in Waardenburg, Netherlands, Quintes is composed of approximately 700 insurance professionals operating across 18 locations in the Netherlands. Quintes will continue to be led by Gijsbert van de Nieuwegiessen, chief executive officer and founder. Following the completion of the transaction, Gijsbert will report to Mike Bruce, chief executive officer of Brown & Brown (Europe) Limited, who also serves as a member of the Brown & Brown, Inc. senior leadership team. Read the full announcement on our website - https://bit.ly/3WF2zuZ #BBThePowerOfWE

Premier Choice Group (PCG), the PMI and employee benefits business of Brown & Brown (Europe), has completed a deal to buy the employee benefits intermediary Advo Group Limited (Advo). The deal is the latest in a string of acquisitions by PCG, which completed six in the first half of 2024. PCG, with offices in London, Towcester, Bournemouth, Darwen and now, with the addition of Advo, Maidstone, work with the UK’s major insurance providers for health, risk and protection products. Advo is an advisory firm based in Maidstone, Kent, specialising in employee benefits for domestic and international customers. The business recently restructured to carve out the HR and Payroll division, ‘Advo One’, which will remain within the Advo Holdings Limited businesses. Advo directors Larry Bulmer and Colin Boxall will remain with Advo One. Under the terms of the acquisition, which has been completed following regulatory approval, PCG will add Advo’s employee benefits business to its existing proposition. Lucy Irvine, head of employee benefits at Advo, will continue in that role as the team expands its activity in the South East as part of the Brown & Brown team. Lucy Pearce, Advo Group’s Commercial Director, will join the PCG management team and be the commercial director for PCG, working alongside the recently appointed managing director Darren Perkins. Commenting on the acquisition, Darren Perkins, managing director of PCG, said: “It’s great to be able to boost our employee benefits proposition by adding this dynamic team of professionals in the South East. They are a highly respected and experienced team with a strong reputation for service in employee benefits. The book of business they bring to PCG will also give us scale advantages and a high-quality customer list from which we expect to build out with additional services.” Stephen Hough, director of PCG, also commented, “Since PCG became part of what is now Brown & Brown in July 2020, we have followed through on our strategic ambitions to lead concentration in what has historically been a disaggregated market. Thanks to a disciplined strategy that targets successful businesses, PCG has become a powerful force in the private medical insurance and employee benefits sector, with the additional support and firepower from Brown & Brown.” Lucy Pearce said: “Becoming part of PCG/Brown & Brown gives us an excellent opportunity to establish a leading market presence in the employee benefits market. We are all very excited by this new opportunity, which comes on the back of our successful period of growth within Advo Group. The next stage of our journey promises to be exciting, and we look forward to being part of PCG.” #BBThePowerOfWE

Brown & Brown (Europe) has acquired 100% of the equity capital of T Oscar Rollins & Company Ltd, trading as Rollins Insurance Brokers (Rollins). Rollins was established in 1945 by T Oscar Rollins and has operated as a family-owned business with strong ties to the local business community it serves in Holywood, Northern Ireland. Rollins writes commercial and personal lines insurance, specialising in arranging insurance for social clubs, golf clubs and other sports clubs and associations. After the deal, which has received regulatory approval, Rollins will become part of Brown & Brown’s Northern Ireland business ABL Group. The Rollins team, including managing director Dermot Rollins, will stay on and take Rollins onto the next stage of its development, reporting to ABL Group CEO Maurice Boyd. Speaking about the acquisition, Maurice Boyd said Rollins is a “gem of a business, with outstanding service to customers, a great tradition, sense of history and deep roots in the local community. They are a business with outstanding customer retention and entrepreneurial leadership keen to expand its footprint across select markets. Rollins is an outstanding addition to ABL Group, and it is a great pleasure to welcome Dermot and his team to Brown & Brown.” Commenting on the transaction, Dermot Rollins said, “Brown & Brown has an instinct for businesses like ours, and their understanding of our culture and ethos made the decision to put our future in their hands easy. We look forward to working alongside Maurice and the rest of the team and contributing to Brown & Brown’s position as a forever company.” #BBThePowerOfWE #WelcomeToTheTeam #Insurance

👏 Huge congratulations to Premier Choice Healthcare Ltd who have been shortlisted for three awards at the 'UK Health & Protection Awards 2024'. The team are in the running for the following categories: 'Best Group Protection Advice Firm' 'Best Health Insurance Adviser (for individual advisers)' 'Best Workplace Wellbeing Advice Firm'. The winners will be announced at the awards ceremony on Wednesday 10th October at the London Hilton Park Lane. Well done team and good luck for the finals! 👏🏆🎉 #BBThePowerOfWE #wellbeing #healthcare