Granite to remain focused on organic growth
The business is not looking to buy following investment from Inflexion.
Niche motor specialist Granite Underwriting, which owns Acorn Insurance, is seeking to grow staff numbers and foster organic growth following minority investment from private equity firm Inflexion.
Alan Keating, co-founder and MD at Granite, told Insurance Age that GWP for the business had grown to £245m to the end of 2018 and he hoped to see this trajectory continue.
“The deal will accelerate growth,” Keating remarked.
“The vast majority will be organic. We have never been an acquisitive
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