Seventeen Group has announced that, effective 20th February 2018, it has acquired Rupert Burgoyne Limited (‘RBL’) based in East Sussex for an undisclosed sum. The founder, Rupert Burgoyne, established RBL in 1994 and has since developed the company to focus on High Net Worth Private clients and commercial business. The Gross Written Premium is £2.6 million and is split 70% Private clients / 30% Commercial.
All staff are remaining with the business and will continue to operate out of the existing premises. The business will be integrated within James Hallam under the brand of Hallam Burgoyne.
Seventeen Group is a privately-owned insurance Group which includes James Hallam insurance brokers, Touchstone Underwriting and 4Sight Risk Management.
Paul Anscombe, Chief Executive Officer of Seventeen Group comments “Seventeen Group is growing both organically and through acquisition. Rupert Burgoyne Limited adds significantly to our Private Client proposition and expands our presence in the South East. Further significant growth is planned we and continue to see opportunities for us as an independent mid-sized business with a long term plan.