Seventeen Group acquires Kent broker

Seventeen Group announces specialist broker acquisition in Kent

Seventeen Group said it has acquired Everard Insurance Brokers for an undisclosed sum.

Based in Kent, Everards is a specialist marine and marine trades broker as well as handling general clients.

Everards controls gross written premium of £10m.

The vendors, managing director Stephen Roper and director Tim Gilbert, plus all staff will remain with the business which will continue to operate out of the existing West Malling premises and operate as a specialist division within Seventeen Group’s broking subsidiary James Hallam.

Roper said: “We thought long and hard about the type of broker we would want our staff and clients to join and James Hallam within Seventeen Group felt like the right choice from the outset”.

Gilbert added “We can add enormously to James Hallam in terms of our specialist knowledge and will likewise gain from being part of a specialist dynamic Group”.

Seventeen Group is a privately owned insurance Group which includes James Hallam insurance brokers, Touchstone Underwriting and 4Sight Risk Management.

Seventeen chief executive Paul Anscombe said: “The acquisition of Everards is consistent with our strategy of growing and creating specialist lines of business.