Plan Group purchases Kingswood Insurance Brokers
The purchase of the cycle specialist takes the group's GWP up to £30m.
The Plan Group has bought Kingswood Insurance Brokers, owner of the Pedal Cover Plus brand, for an undisclosed sum.
According to Plan Group the purchase of Kingswood takes it’s business to over £30m GWP.
The group has detailed that this buy should double the firm’s presence in the cycle insurance space.
Plan Group has said that it will keep the Pedal Cover Plus Brand and that its team of 12 will continue to be based in Ewenny, South Wales.
Cycling
Through the acquisition, The Plan Group aims
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