’It’s not easy for a smaller broker to navigate the challenges in our market and continue to grow, but with the support from the wider Partners& business, I’m confident we can realise our ambitions,’ says founder
Partners& has acquired STP Risk Solutions, a chartered insurance broker from Hull.
Founded by Richard Storey in 2016, STP Risk Solutions is a general insurance broker with a specialism in property.
The team of five will join Partners& colleagues from Leeds and Durham.
Phil Barton, chief executive at Partners&, said: “I liked Storey from the moment I met him.
”He’s developed a well run, solid business with a great team. From a cultural, values and client perspective, Storey and the team will blend in nicely to Partners&. We’re thrilled they’ve chosen Partners& as their home.”
Expansion
Partners& said the acquisition would form a strong presence in the north east for the group.
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Storey said: “From the moment we met Barton and Simon Haynes, we knew this would be the right move for us.
”It’s not easy for a smaller broker to navigate the challenges in our market and continue to grow, but with the support from the wider Partners& business, I’m confident we can realise our ambitions.”
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
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