Kingsway Insurance Services Limited is delighted to announce that Minority Venture Partners Limited (MVP) has made a strategic investment in the company.
Leigh Birrell, Managing Director of Kingsway said: “MVP’s decision to make an investment in our business is testament to our successful business model and our experienced team who have successfully developed niche commercial insurance sectors, such as motor sport, metal workers and toolmaking.
Kingsway is a family run business, which has been established for over 50 years, with a large and loyal client base. We remain committed to providing our clients with exceptional service and with MVP’s help and access to new markets; we plan to grow the business further by expanding our specialist commercial insurance products. With our new partner on board we aim to increase GWP to £15million within 3 years.”
James McCaffrey, Chief Executive of MVP said: ”Kingsway Insurance is a highly regarded insurance broker and I am looking forward to working with Leigh and the team to support them in their future plans. They have developed a superb range of specialist commercial insurance products and along with their reputation as a client focused organisation, it is easy to see why they have been so successful for so long.
As an investment partner, MVP will support the business whilst the management team continue to run, control and grow their own business. We provide an ideal environment for brokers who want to grow and be part of an independent, entrepreneurial business and with premium income of over £100m, we are growing quickly.”