BRIDLE IS PLEASED TO ANNOUNCE THE PURCHASE OF HARRINGTON ADAMS INSURANCE ASSOCIATES

March 2011

Bridle Insurance is delighted to announce the first of their 2011 acquisitions with the purchase of the prestigious city of London Insurance broker Harrington Adams.

Once again Bridle have been chosen as the preferred purchaser in front of a number of well known and respected brokers in acquiring Harrington Adams who specialise in insuring the cars and homes of London City employees as well as all types of general and small commercial business.

Darren Nangle head of bridle personal lines explains “Harrington Adams is a perfect fit for us and is the type of business we have been trying to secure for some time. As ever, finding the right business mix was key to the purchase and the hard work and enthusiasm the original owners had committed to the company for the past 14 years was clear from the initial meeting. They very much share our ethics and passion and this acquisition further demonstrates Bridles commitment to the personal lines arena".

The purchase of Harrington Adams is hopefully the start of another exciting year for Bridle with more acquisition announcements to follow. Darren explains “Whilst we don’t want to get ahead of ourselves, we have interesting purchase plans for 2011 to complement our separate and exciting organic growth."

The departing Neil Adams from Harrington Adams comments “having set up HA in 1997, Steve and I have taken a huge amount of pride in our business, but after much thought we have decided the time is now right for both of us to do something different. Once the decision was made we had a number of attractive offers to consider and Bridle were our perfect fit."