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.