Brunel Insurance Brokers proudly announces the acquisition of the renewal rights to Liability & General Insurance Brokers Ltd (L&G), an esteemed Independent Broker based in Framlingham. This strategic move underscores Brunel’s commitment to expanding its UK footprint with the opening of its seventh office, and a new presence in East Anglia.
Russell Lane, CEO of Brunel Group, expressed his excitement about the acquisition, stating, “We have long admired David and his team’s dedication to putting clients first. The alignment between L&G and Brunel as true independent brokers makes this acquisition a natural fit for us. It has also been a group objective to have a physical presence and office in such a key geographical area. We are committed to investing heavily in the region, and expanding our team to better serve our clients.”
In conjunction with the acquisition, Brunel will be opening a new office in East Anglia having recently secured premises in Stowmarket, and is actively recruiting for various positions, including Account Handlers, Account Brokers, and Account Executives. This expansion reflects Brunel’s commitment to addressing the needs of businesses in the region and providing them with a wider range of insurance solutions, employee benefits, wealth management and mid to high net worth offering.
Matt Harlin, Managing Director of Brunel Insurance Brokers, commented on the strategic significance of the acquisition, saying, “This acquisition marks a significant milestone for us in delivering local community broking to the region. David’s leadership qualities and entrepreneurial drive will undoubtedly contribute to our continued growth and success. We eagerly anticipate welcoming David and his team into our management fold. We have a tried and tested model with a core focus on clients, and relishing the opportunity to make a real difference to local people and businesses”.
David Mangan, Managing Director of Liability and General Insurance Brokers Ltd, shared his perspective on the acquisition, stating, “I have ran a successful business for 10 years, and the decision to sell was driven by the opportunity for support and investment from a true independent broker like Brunel. I am excited about the next chapter with Brunel, and living locally know exactly what is required to deliver a market leading proposition, and confident that together, we will build one of the largest brokers for the region”.
The acquisition of L&G’s renewal rights signifies a strategic step forward for Brunel Insurance Brokers as it continues to expand its presence, at a time when the group is benefiting from significant growth, and profitability.
