Seacurus to keep current brand

International sanctions have unintended consequence for businesses

Barbican has bought specialist marine insurance broker Seacurus.

Seacurus was founded in 2004 and focuses on revenue protection in the marine insurance market. The broker will keep its current brand.

Barbican chief executive David Reeves said: “Today’s acquisition marks a significant milestone in the continuing growth of our marine operations.

“Seacurus is an excellent fit for Barbican and we see clear synergies between us, not only in terms of the portfolios of business, but also the culture which exists in each organisation.”

Seacurus managing director Thomas Brown said: “Becoming part of Barbican provides us with an excellent platform from which to further expand and enhance the comprehensive range of bespoke solutions we deliver to our clients in the shipping industry. We look forward to working closely with our new colleagues to achieve this.”