Saffron Insurance buys Grove Financial Management Ltd, its first acquisition since partnering with Broker Network

Essex-based Saffron Insurance, Broker Network’s partner in the East of England, has today acquired independent broker Grove Financial Management Ltd.

Saffron has said the whole Grove team will keep their jobs and continue to operate out of its office in Bedfordshire.

David Beswick, Saffron’s managing director said: “I’m delighted to announce our first acquisition since joining with Broker Network. David Lloyd and the team at Grove Insurance have enjoyed huge success recently and I look forward to working with them and building on that.

“This is another client-focused business that really complements our own business and David Lloyd’s decision to join us further demonstrates the appeal of Saffron and Broker Network working together.”

Saffron became a partner of Broker Network in January 2018.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.