Business Insurance
Personal Insurance
Saffron Insurance has today announced the purchase of Romford-based independent broker and Broker Network member, C&M Insurance. Today’s purchase is Saffron’s seventh acquisition since becoming an Ethos Broking partner in 2018.
Established in 1996, C&M Insurance is owned and run by Sunil Shah with 7 additional members of staff, all of whom will remain with the business following the acquisition. The business, which manages £1.6m GWP is a general commercial brokerage with a client focussed culture.
Commenting on the purchase Steve Seekings, Saffron Insurance’s MD said: “This is a fantastic start to the year for us and we’re excited to begin 2020 as we mean to go on. C&M Insurance is a great business and complements our existing commercial offering perfectly. I’m looking forward to welcoming Sunil and the C&M team to Saffron.”
Ethos Broking took a majority stake in Saffron Insurance in 2018 and the broker has since bought Continuum, Grove Insurance, Farmer Insurance, Bridge Insurance, Sharer Chapman and Stuart & Co.
About Saffron Insurance – Saffron Insurance has been providing security, comfort and peace of mind to the people of East Anglia for over sixty years. Friendly, experienced and expert, with an extensive knowledge of the region, staff are committed to supplying the highest possible standards of customer service. A service clearly appreciated by many as business retention rates are currently running at over 90%.
For more information, please visit www.saffroninsurance.co.uk