By 
James Cowen2025-01-10T11:00:00+00:00
’We look forward to the opportunities this partnership will bring,’ says statement
Brown and Brown Europe has confirmed that it rounded off 2024 with the purchase of Addingstone Insurance Solutions.
Read: Family-owned broker sells up after 64 years
Read: Brown and Brown acquires London-based employee benefits specialist
Not subscribed? Become a subscriber and access our premium content
Explore more M&A-related content here, or discover other news stories here
Based in Hampshire, Addingstone is a broker that specialises in commercial and property insurance.
The firm’s website says: “We have developed our market access so you will only need one point of contact for all of your insurance and protection needs.
“As one of the few remaining independent brokers, our team of experienced experts are able to be dynamic and flexible to your needs.”
In a short statement sent to Insurance Times, Brown and Brown Europe said it was looking forward to the opportunities acquiring the firm would bring.
It said: “We can confirm that Brown and Brown Europe acquired Addingstone in December and we look forward to the opportunities this partnership will bring.”
Brown and Brown Europe, which ranked 11th in Insurance Times’ Top 50 Brokers 2024 report, announced a range of deals last year.
Read: Brown and Brown acquires trade credit broker
Read: Brown and Brown confirms resignation of Kentro boss after acquisition
Explore more M&A-related content here, or discover other news stories here
This includes several regional acquisitions, such as Crosby Insurance in November 2024, which offers a mix of personal, business and commercial property propositions to clients.
Other acquisitions made during 2024 include that of trade credit broker CI Group Holdings, health and employee benefits specialist Drewberry and Rollins Insurance Brokers, which was established in 1945 and operated as a family owned business.
2024-12-04T12:00:00Z
2024-11-06T10:00:00Z
2024-08-06T09:12:00Z
2024-07-17T10:52:00Z
2024-06-10T09:00:00Z
2025-01-10T10:13:00Z
2025-01-10T08:00:00Z
2025-01-10T07:00:00Z
2025-01-09T15:00:00Z
2025-01-09T14:00:00Z
2025-01-09T13:00:00Z
2025-01-09T11:49:00Z
Site powered by Webvision Cloud