Invicta buys GI portfolio from Priory
Broker states the deal is first in a series it has planned for 2017.
Invicta Insurance Services has bought the general insurance portfolio from Gilligham-based Priory Insurance Brokers for an undisclosed sum.
Invicta managing director Steve Gamage said the deal is the first of several acquisitions it wants to make this year as it seeks to follow and aggresive growth strategy.
He noted: "This acquisition comprises high quality property and commercial insurance risks with much of the business being local.
"The type and location of these policies closely reflects
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
FUW targets A55 corridor with new commercial venture
Aberystwyth-headquartered agricultural specialist broker FUW Insurance Services is rolling out a business-targeted venture, FUW Commercial.
Biba 2025 Countdown: Collinson Insurance’s Jo Shorthouse
Collinson Insurance’s business development lead Jo Shorthouse doubles up on comfy shoes, nominates Ecclesiastical’s Richard Coleman as insurance’s answer to Gareth Southgate, and believes brokers should embrace the opportunities afforded by AI.
Premium finance costs ease ahead of FCA report
The cost of home and motor premium finance has fallen in the past six months, according to research by Pearson Ham.
Macclesfield broker targets doubling in five years after six figure investment
Delta Corporate Risk has snapped up a book of business and set its eyes on doubling in size over the next five years after getting a six-figure investment from a new backer.
Ex-broker bosses beaten in mayoral elections
Two former broker bosses have lost in their attempts to become mayors following yesterday’s local elections.
People Moves: 28 April – 2 May 2025
Keep up to date with the latest insurance industry personnel moves.
Brokers play vital educational role on renewable energy risks
Rosie Simms explores the role brokers play in the push for greater renewable energy consumption across the UK.
Biba 2025 Countdown: Granite’s Alistair Rose
Alistair Rose, managing director of Granite Underwriting, talks up the merchandise on its stand, recommends Manchester Art Gallery as a calm place to reflect on the Biba buzz, and highlights an emergency snack stash as essential to get through the two days.