(4th May 2017) Finch Group, Broker Network’s first regional Partner, has announced that it has acquired Southampton based commercial broker, Taylor Beaumont.
This transaction marks the company’s third acquisition since becoming a Broker Network Partner in November 2016.
Taylor Beaumont was established in 1989 and is a commercial lines broker, specialising in Construction and General Commercial business. The business which is based in North Baddesley near Southampton places over £5m GWP.
Vincent Gardner, Finch’s Managing Director said: “We are delighted to have acquired Taylor Beaumont, our third acquisition as part of the Broker Network Partner Strategy. It remains our ambition to work with quality local brokers and this deal helps strengthen our business in Southampton.
“I have always admired Denis’ strong client relationship ethos which has been at the heart of this business from day one. I’m looking forward to working with Denis and the Taylor Beaumont team to ensure we continue to provide their customers with the personal service they have come to expect.”
In November 2016, Finch Group which is headquartered in Reading with three additional offices, was acquired by Broker Network. Driven by both organic and acquisition growth, Finch Group has built a reputation as an innovative and service-driven business, now employing over 60 people managing around £27m GWP.
Broker Network represents the largest network for insurance brokers in the UK. The brand remains the leading proposition in the market in terms of size and breadth of service with circa 600 Members and over 150 in-house employees.
In November 2016, Finch Group became the first regional partner of Broker Network, the UK’s leading network for independent brokers. This partnership was developed to further grow and transform Finch’s reputation as a service-driven business, with the help and support of Broker Network’s firm strategy and ethos of grow, protect and support.
About Finch Group
- Finch Group is the trading name of Finch Commercial Insurance Brokers Ltd
- The company has over 60 staff based in the head office in Reading and at offices in Basingstoke, Southampton and the Isle of Wight
- Finch Group places around £27m GWP of which 85% is commercial business
- Finch Group has grown by both organic means and through ten insurance broker acquisitions
