Commercial insurance broker, Finch Group has purchased independent broker and Broker Network member, Shene Insurance, marking its tenth acquisition in three years.

Established in 1959, Shene Insurance manages around £2m in GWP and handles both commercial and personal lines. As part of the deal, owners Philip and Deborah Alexander alongside the four other members of staff will remain in the business, which will also retain its current premises.

Managing director at Finch, Vince Gardner said: “This is a fantastic way for us to start the year and it’s great to add another like-minded regional independent broker to the Finch Group.

“I’m excited to begin working with the team to expand the client-base further,” he added.

Headquartered in Reading, Finch Group also has offices in Bournemouth, Southampton, Isle of Wight, Basingstoke and Oxford. The firm manages £62m in GWP and employs over 100 people. It became an Ethos Broking partner in November 2016.

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