TBIG completes largest acquisition to date with £38m GWP broker deal

The Broker Investment Group (TBIG) has completed its largest acquisition to date with a 75% stake of Sunbury-on-Thames-based U Drive.

U Drive is a £38m gross written premium (GWP) personal lines broker specialising in complex private car risks, including drivers with limited no claims history, modified vehicles and high value performance vehicles.

The broker will continue to trade under its existing brand and the existing ownership and management team will remain in place to drive the next phase of growth.

They will be supported by TBIG’s central capabilities across marketing, distribution and cross selling opportunities.

Steve McPherson, managing director at U Drive, said: ”The U Drive management team remains fully committed to accelerating the business and TBIG provides the scale and infrastructure to help us achieve that.

“We are proud of the reputation we have built with our customers and insurer partners and this partnership enables us to continue growing without compromising on service, expertise or culture.”

First 2026 deal

The transaction marks TBIG’s first deal of 2026, following seven acquisitions completed in 2025, as the group continues to expand its specialist broking footprint.

This acquisition strengthens TBIG’s position in the specialist motor market and enhances its personal lines capability.

Chris Haggart, chief executive at TBIG, said: “I am delighted we are off to a strong start to 2026. We intend to double the size of TBIG within the next three years and this purchase makes a sizeable start.”

Dave Clapp, deputy chairman at TBIG, added: “This represents a strong start to 2026 and our largest acquisition to date. U Drive is a high quality, profitable business with an excellent reputation in specialist motor and a proven growth trajectory.

”The acquisition broadens our personal lines expertise and further diversifies the group’s portfolio, increasing both GWP and policy volumes.

“Just as importantly, we are partnering with an ambitious management team whose culture and growth mindset align closely with ours.”