The Broker Investment Group takes 49% stake in Sale Insurance Services

David Child Sale Insurance

The Broker Investment Group has secured a 49% stake in Sale Insurance Services, an insurance broker based in Sale, Manchester.

Sale Insurance was founded in 2003, and has a gross written premium of £3m. The business covers commercial lines and specialist personal insurance, helping people who with criminal convictions or who have suffered bankruptcy buy insurance policies.

It is owned and operated by husband and wife team David and Karen Child, who will still run the business post deal. Sale Insurance has 12 staff, and the premises will remain unchanged.

We have no intension of stepping back yet or taking our foot

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Blog: The compliance threat to M&A

Jill Hambley, managing director of Insurance Compliance Solutions, tackles the compliance basics smaller brokers must keep front of mind before listing a business for a potential sale to make sure any deal doesn’t end up on the scrapheap.

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