
20th July 2010
Bridle Insurance are delighted to announce a further acquisition, following the purchase of AHS Insurance just last month.
Abbot Insurance, based in Leicestershire and specialising in niche personal lines, has been secured in a six figure deal. The purchase will add a significant number of clients to Bridle's fast growing personal lines division.
Having fought off a number of competitors to secure the purchase of Abbot, head of personal lines Darren Nangle commented: "This is another significant acquisition for Bridle and further strengthens our increasing personal lines presence and enables another well respected and professional business to come under our control. There is very good alignment between Abbot and Bridle as we both share a focus on delivering results with outstanding customer relationships. The purchase of Abbot continues to demonstrate our commitment to personal lines business in a very competitive market."
With further acquisitions planned Bridle are confident that more announcements should follow shortly. Darren went on to say "we are still very much on the acquisition trail for quality commercial and personal lines business to compliment our rapid organic growth."