THB Group confirms £2.8m BEIB deal

THB Group has confirmed that it has acquired British Equestrian Insurance Brokers for £2.8m. THB an...

THB Group has confirmed that it has acquired British Equestrian
Insurance Brokers for £2.8m. THB announced its intention to buy the broker
earlier this year.


BEIB has an annual turnover of over £2m and employs 40 people in two
offices in London and Tonbridge. BEIB also has a 50% interest in US broker
Equisure, which provides insurance programmes to US affinity groups,
including the US Equestrian Association.


THB's annual brokerage income is over £20m and it made a pre-tax profit of
£3.3m in the year

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