Cooper Gay Group has acquired the reinsurance and terrorism broking teams of CRS Group.

The teams transferred to Cooper Gay’s Lloyd’s broker, Cooper Gay & Co, on 1 September.

It is the first major acquisition made by the group since SC Insurance and Risk Services, a subsidiary of Portuguese corporation Sonae, acquired a 14% stake in the company in May.

Cooper Gay indicated at the time that it would use the capital to expand its UK operations.

Toby Esser, chief executive of Cooper Gay, said of the CRS deal: “This transaction carries forward our acquisition strategy and will further strengthen our reinsurance and terrorism insurance broking capabilities.”

A spokesman added that Cooper Gay was in “active acquisition mode”.

There were no hints as to the strategy of the company in the coming months.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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