Motor claims specialist Inspire Claims has rebranded as Cogent Claims and is seeking to expand following investment from BHL (UK) Holdings Limited, whose portfolio includes comparison site Compare The Market, motor legal services firm Minster Law, LEI provider Coral Insurance and telematics business ThingCo.

BHL UK has taken a majority shareholding in Cogent Claims, which was founded by CEO Matt Rawling (pictured) in 2017 and employs around 30 people.

Rawling said: “Since the business was established in 2017, we have been quietly and diligently building our capability and partnership base. Our decision to rebrand to Cogent Claims marks the evolution that the business has made since its inception and our renewed appetite for forging new partnerships to support our growth agenda.”

Ian Leech, CFO of BHL UK, added: “This is a significant new investment by BHL UK, following on from our investment in ThingCo, announced in January 2021 and the recent launch of Coral Insurance into the legal expenses market.

“Cogent Claims is a dynamic, highly entrepreneurial business that is unafraid of change and keen to explore new ways to create profitable growth in a rapidly changing motor sector.”

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