Broker Needham Insurance Services, which is part of The Broker Investment Group, has snapped up Hinckley Insurance Services, which controls gross written premium of £1.2m. It supports customers in its Leicestershire heartland across personal and commercial lines of business. The firm and its four-strong team will continue to operate from the existing office in Hinckley.

Hinckley Insurance Services has been in existence for more than 30 years and expects the deal to give its access to a broader insurer panel, an enhanced product range and additional operational support.

Dave Clapp, deputy chairman of The Broker Investment Group, said: “Hinckley has built an excellent reputation over many years through its commitment to clients and the local community. This acquisition reflects our ongoing strategy of supporting strong community-focused insurance brokers while giving them access to the scale, resources and insurer relationships of a larger group.”

Phill Thomas, owner of Hinckley Insurance Services, added: “Now is the right time for Hinckley Insurance Services to take the next step in its journey. Becoming part of Needham Insurance Services and the wider TBIG group will allow us to offer our clients an even broader range of products and insurer options, while maintaining the high levels of personal service and local expertise that have always been at the heart of our business.”