Kingsway Insurance Services Limited has announced that their parent company, The Birrell Group, has acquired Bausor Hall Associates Limited, who are based in Coventry. Established for over 30 years, Bausor Hall is a successful insurance broker specialising in business insurance.
Leigh Birrell, Managing Director of Kingsway Insurance Services, said: “Bausor Hall is a well-respected local broker that shares our commitment to offering exceptional personal service. I am delighted they have chosen to join Kingsway and that the whole team is staying with the business. Bausor Hall will continue to trade from their existing office in Coventry and I am looking forward to working with Brian and his team to help develop the business further. This is our first acquisition since Minority Venture Partners invested in Kingsway in April 2016. Using their expertise, we have developed a successful acquisition strategy to meet our growth ambitions and it is a great result to have completed our first deal within 6 months with further acquisitions planned.”
Brian Hall, Managing Director of Bausor Hall, added: “It was important to us that we joined a like- minded insurance broker that provides the same care and personal attention to clients as we do. Kingsway offers the ideal home for our loyal customer base who will now enjoy the added advantages of being part of a larger broker, with access to new markets and products.”
James McCaffrey, Chief Executive of Minority Venture Partners, said: “As a strategic investor in Kingsway, we are delighted that with our help, Leigh and his colleagues have completed their first acquisition to support their ambitious growth plans. We are currently in discussions with a number of other local brokers who wish to join the Kingsway/ MVP model.”