Specialist farm insurer NFU Mutual has acquired two provincial brokers, Wells and Drysdales, for undisclosed sums.
Both brokers have strong personal lines portfolios but also underwrite commercial lines insurance as well.
NFU acquired Wells in November last year, and Drysdales earlier this month.
NFU has a network of 600 tied agents across the country, but these were set up to sell farm insurance. NFU wants to expand into non-farming areas.
However, NFU refused to discuss its plans to develop the two broker accounts.
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.
