CCIB acquires Barpax

Specialist agricultural insurance broker, Country and Commercial Insurance Brokers, which is part of Global Risk Partners, has purchased Worcester-based agricultural broker, Barpax Associates.

The broker provides insurance for farmers and growers for farm combined and motor and operates in Worcestershire, Gloucestershire and Herefordshire. The business was founded in 2003 by Geoff Barber and Maria Paxton, who will remain as directors.

Managing director of CCIB, Debbie Airey said: “It was always part of our strategy that, with GRP’s help, we would grow the firm both organically and through bolt-on acquisitions.”

“Agricultural insurance is an important part of the group’s retail portfolio and we believe there are plenty of other opportunities in the pipeline,” she added.

GRP’s group managing director, Mike Bruce said: “I am confident that this acquisition will deliver additional product and service benefits to their clients and that, under Airey’s leadership, Barpax will accelerate rapidly within CCIB.”

This is the second acquisition for Airey since she and partner Anne Haworth sold a majority stake to GRP in January 2018.

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