The Broker Network has made its seventh acquisition of 2004, purchasing Mid-Pennine Insurance Services.
The purchase price is expected to be between £250,000 and £310,000. The final price will depend on Mid-Pennine's performance over the next two years.
Last year, Mid-Pennine reported revenues of £206,000.
Richard Guthrie will manage Mid-Pennine's office, based in Lancashire. All staff will be retained, along with the Mid-Pennine name.
Broker Network chief executive Grant Ellis said: "We're pleased that our plans for acquisitive growth are progressing so positively."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
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.
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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
