Bollington Insurance has acquired CLA Risk Solutions, in its third acquisition this year. The latest addition, combined with purchase of Ashgrove Insurance Services and Prophet Trade Credit, means Bollington Group has increased its annual gross written premium by £16m to almost £180m.
Founded in 2007, West Midlands-based CLA is a commercial insurance broker trading from Sutton Coldfield, with a satellite office in Stafford. Lines of business include haulage and transport, telematics and property, alongside a strong book of personal lines business. It’s managing director is Adrian Littler.
The purchase of CLA adds 19 staff and over £9m GWP to the Bollington group.
CEO of Bollington, Paul Moors said: “With CLA Risk Solutions becoming the latest company to join our group, we are demonstrating our clear intent to sustainably grow the business in line with our clients’ needs.
“The balance of business at CLA complements our product offering and expands our regional presence. They are a good local broker with a reputation for delivering a tailored personal service. This makes them a good fit for our acquisition and growth model. “
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