Brown and Brown acquires broker specialising in commercial motor

Brown and Brown Europe has acquired commercial motor insurance specialist BCM Acquisitions, trading as 1st UK Broking.

Based in Sunderland, 1st UK Broking specialises in fleet insurance. It also provides a range of business services, including employers’ liability, public liability, buildings and contents insurance.

It was established in 2014 by managing director Stuart Crosby, who will continue to lead the business following the completion of the acquisition.

All existing staff will also remain with the business and operations will continue from the current Sunderland office.

The terms of the deal remain undisclosed.

Crosby said: “We are excited to join the Brown and Brown team. This opportunity provides us with additional resources and specialisation, enabling us to better serve our customers while maintaining the personal service we’re known for in the north east.”

Expansion

Following the acquisition, Crosby will report to Neil Thornton, managing director for the north at Brown and Brown Europe.

Thornton said: “We’re delighted to welcome Crosby and his team to Brown and Brown. This acquisition strengthens our footprint in the north east and aligns with our strategy to grow our presence in key regional markets.

“1st UK Broking has built a strong reputation for delivering tailored insurance solutions and exceptional customer service.

“We look forward to working together to build on this success, supporting the team’s growth while continuing to provide high-quality insurance products to their customers.”