Wolverhampton-based broker, KGJ Insurance Services has acquired Annan Insurance Services Ltd.
The acquisition of Annan, also based in Wolverhampton, takes KGJ's total premium income to around £25m.
KGJ director Richard Cox said that no redundancies would result from the acquisition, and Annan would continue to trade under its own name.
The acquisition of Annan, which specialises in commercial lines, boosts KGJ's commercial business. Previously a personal lines broker, KGJ diversified into commercial lines five years ago.
A source close to KGJ said it had another "significant" acquisition on the horizon.
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.
