Markerstudy breaks into commercial motor with broker buy
Markerstudy Group has acquired Blagrove Insurance Brokers, located in Carterton, Oxfordshire.
Established in October 2004, and with a GWP £4m, it has been confirmed that the Blagrove team will be retained, and Markerstudy said it would be ‘business as usual' at the Carterton office.
This acquisition is the group's first foray into commercial motor and it claimed that the move endorsed its strategy to develop a commercial portfolio.
CEO Kevin Spencer commented: "We believe that the broker market offers tremendous opportunity and we will continue to grow the retail arm of our business
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