Saffron buys Romford-based C&M Insurance
Deal is the broker's seventh since it was bought by Ethos Broking in 2018.
Saffron Insurance has purchased Romford-based independent broker and Broker Network member C&M Insurance for an undisclosed sum.
The deal is Saffron’s seventh since Ethos Broking took a majority stake in the broker in 2018.
C&M was established in 1996 and is owned and run by Sunil Shah. It has seven employees and Saffron stated that all staff will remain with the business.
The broker manages gross written premiums of £1.6m in commercial lines.
Deals
Last December, Saffron bought
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