Latest acquisition focuses on high net worth and commercial lines
Seventeen Group said it has acquired East Sussex broker Rupert Burgoyne for an undisclosed sum.
With gross written premium of £2.6m, Rupert Burgoyne’s business is split 70% with high net worth private clients and 30% commercial.
All staff are remaining with the business and will continue to operate out of the existing premises. The business will be integrated with Seventeen Group’s James Hallam business under the brand of Hallam Burgoyne.
Seventeen Group chief executive Paul Anscombe (pictured) said: “Seventeen Group is growing both organically and through acquisition. Rupert Burgoyne adds
significantly to our private client proposition and expands our presence in the South East.
“Further significant growth is planned we and continue to see opportunities for us as an independent mid-sized business with a long term plan.”