Fortress Underwriting bought for undisclosed sum
Acumus Insurance Solutions has acquired home insurer Fortress Underwriting for an undisclosed sum.
Acumus managing director, John Bibby, said: "We are delighted to have bought this well established and highly respected specialist home insurer, which has been in this market for over 20 years. This is a good fit with our existing network, with potential to build on existing strong relationships to introduce our product range of buy-to-let, travel, wedding and other specialist risk products to hundreds of new brokers."
Fortress Underwriting has a customer base of 15,000 clients and a nationwide network of 400 insurance brokers and agents. Its insurance products cover over £3 billion in property and contents in the UK.
“The deal secures a bright future for the Fortress brand with significant investment planned in existing and new products and systems. This will provide us with the platform to offer a wide range of products and services to a broader range of clients," said Bibby.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
