Announced
Synopsis
Specialist Risk Group, a fast-growing specialist insurance broker, agreed to acquire Fleet and Commercial, a commercial insurance broker that provides fleet, residential and commercial insurance services. Financial terms were not disclosed. “Fleet and Commercial is a leader in its field with a culture very much aligned to ours, which will add tremendous value to our existing motor capability. They are an ambitious, forward-thinking business and we are looking forward to working together in the future. On the back of an outstanding year of organic growth in 2022, SRIS is in a great position and poised to go from strength to strength, and I know the Fleet and Commercial team will play a significant contribution to achieving our goals,” Lee Anderson, SRG Deputy CEO.
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