GRP-owned Alan and Thomas acquires Aquilla

Alan and Thomas Insurance Group, the southern hub broker for Global Risk Partners, has acquired Aquilla Insurance Brokers. London-based Aquilla was founded in 2009 and writes insurance across the real estate spectrum. The deal has received regulatory approval and was completed for an undisclosed sum.

Julian Boughton, CEO of Alan and Thomas, said: “Aquilla is a superb business with a great track record of growth in the property space and a reputation for excellent customer service.”

Julian Mungo, founder of Aquilla, added: “Alan and Thomas understands how Aquilla operates and why it has become so successful, and have made it clear of their ongoing commitment to nurture Aquilla as well as to support our growth plans.

“There are plenty of fresh opportunities in the property owners’ market as the economy emerges from the pandemic, and we fully intend to capitalise on them under new ownership.”

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