Reich Insurance Brokers of Manchester Acquires New Broker, D Barnett Insurance
Reich Insurance Brokers of Manchester Acquires New Broker, D Barnett Insurance
Manchester, UK (PRWEB UK) 1 July 2011
Reich Insurance, one of the UK’s premier independent insurance brokers, just announced that it has completed the acquisition of D Barnett Insurance Brokers Limited, the largest independent insurance broker in Bolton. Completed today, the acquisition will bring the combined gross premium income of the Reich group of companies close to £70 million per annum.
Simon Taylor, Managing Director at Reich Insurance, commented: “This acquisition will further strengthen our insurance offering and bring increased expertise in commercial and personal insurance lines. We are an ambitious company completely dedicated to providing first-class customer service, and the synergy between our two companies will be evident in the coming months. We are also currently exploring other acquisition opportunities as we continue to look for ways to add value to the business of insurance”.
Situated in Bolton, D Barnett Insurance Brokers has been placing insurance business on behalf of commercial and private clients since 1985. Barnett Insurance currently employs 17 people, who will be offered the opportunity to be integrated into the Reich Insurance company.
Reich Insurance caters for all aspects of commercial and personal insurances and is one of the largest brokers with a specialism in the Property Investors’ Insurance market outside London. The acquisition of D Barnett will constitute a valuable addition to Reich’s book of business.
For more information, visit http://www.reichinsurance.co.uk/.
About Reich Insurance
The Reich Group of Companies comprises Reich Insurance Brokers, Reich Insurance Ltd and Reich Healthcare Ltd.
For more information about Reich Healthcare Ltd please visit http://www.reichhealthcare.co.uk.
Reich Insurance Brokers and Reich Insurance Brokers Ltd are independent insurance brokers and both are authorised and regulated by the Financial Services Authority (FSA) under the following register numbers:
Reich Insurance Brokers – 304335
Reich Insurance Brokers Ltd – 300416
The Financial Services Authority (FSA) is the independent body that regulates financial services. We place general insurance business with a range of insurers, underwriters, agents and sometimes other intermediaries.
We are members of the British Insurance Brokers Association (BIBA).
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