TBIG increases shareholding in Deva to 75%
The Broker Investment Group has increased its shareholding in the Deva Group to 75% from 49%.
TBIG initially took the minority stake in the Chester-headquartered company in May 2024.
The Deva Group is made up of several local insurance brokers. Four of theses trade under the banners of Daulby Read (Chester) and Gomm Insurance brokers (Sutton Coldfield), Hornby Snape, Much Ado About Insurance, while Townsends Insurance from Prestatyn trades under Daulby Read.
At the start of the year Deva expanded, buying Gomm Insurance Brokers, pushing into the West Midlands.
SolutionsDave Clapp, group CEO
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 Insight
People Moves: 4 – 8 November 2024
Keep up to date with the latest insurance industry personnel moves.
Loss adjusters call on brokers to educate HNW clients on valuations
A panel of loss adjusters at Insurance Age’s High Net Worth Forum today noted brokers should educate clients about the frequency of valuations and be hand holders during tough conversations.
Alistair Brighton named Marsh UK corporate and commercial CEO
Marsh has appointed Alistair Brighton as corporate and commercial UK CEO, succeeding Alistair Fraser who is moving to the newly created role of international corporate and commercial leader.
Lloyd’s wholesale broker H.W. Wood sale confirmed
H.W. International has struck a deal to sell H.W. Wood to Steadfast Group, a general insurance broker network and underwriting agency group in Australasia and owner of one of the largest agency networks in the US.
Broker deals help push Hiscox to 4.5% UK growth
Hiscox has revealed 4.5% growth in written premiums to £504.2m for the first nine months of 2024 as it topped over half a million customers.
Open GI expands panel with Commercial Express property owners
Managing general agent Commercial Express has joined Open GI’s commercial panel, the software specialists have confirmed.
Hood moves household book from RSA to Bspoke
Bspoke Group has teamed up with Hood Group to underwrite the Top 100 Broker and affinity insurance provider’s household portfolio.
i-wonder to launch classic car comparison site
Niche comparison site solutions provider i-Wonder is rolling out a service for UK classic car insurance, Insurance Age can reveal.