Search Any Latest Music Below

Saffron Insurance MD Lifts The Lid Following Acquisition Spree

It’s been a busy start to the year for Saffron Insurance: after joining Broker Network in January, the firm announced the purchase of brokerage Grove Financial Management earlier this month, and then quickly followed it up with a second acquisition of Continuum Insurance Brokers.

Saffron’s managing director, Dave Beswick, revealed that the firm is eyeing more acquisitions in 2018.

Search and compare insurance product listings for Mergers and Acquisitions from specialty market providers here

Both the Grove and Continuum purchases came about after a process of meeting the business owners and establishing that they were a good fit, Beswick said,adding that Saffron will strike a deal where there is a match culturally, business-wise, and financially.

“Both companies I knew would work with us well and fit in – you will struggle should this not be in place,” the MD said.

“We have, as you can imagine, an active pipeline of prospects. We are well-known in the area and have a very successful track record of looking after the businesses we buy – both the clients and the staff. We’re proud of our retention in both areas.”

With two new deals under its belt, Saffron “absolutely” has plans for more, and is currently in the “mature stages” of conversation with five other brokerages.

“Now that we have the financial backing of Broker Network, further acquisitions are a key part of our strategy,” Beswick said.

“We would love to hear from any prospective seller in the East of England especially. Our strategy of building our business local to vendors and not centralising remotely does, we know, appeal in a sales situation.

Combine that with our strong desire to keep offices open where possible, and we believe we have a powerful offer.”

In 2018, the business will remain committed to intermediated personal lines – a factor which Beswick says sets it apart from competitors.

“We believe there remains a market for this and are seeing the market turn in our favour at last, with high retention rates and improving conversion rates on NB enquiries,” he said.

“We contact all clients for a pre-renewal review and this is especially valued. Our strategy of having local commercial executives serving their local community has always worked for us and it still does.”

That focus, combined with a “great team with extremely low turnover,” and the recent partnership with Broker Network, means that Saffron is facing the future confidence.

Besnick adds that the business wants to grow its GWP to £60m within three years – and from there, the sky is the limit.

Olamide New Songs
Davido New Songs
Phyno New Songs
Ghana Music Songs
olamide latest Songs
shatta wale new 2019 songs
AKA latest Songs
latest music 2019
latest songs 2019
latest 2019 Naija Music
davido new 2019 songs
latest South Africa Music 2019
wizkid new 2019 songs
2019 latest songs
tekno new 2019 songs
sarkodie new 2019 songs
Phyno new songs
latest Ghana songs 2019
latest Nigeria music 2019
new Naija music 2019
Latest Burna Boy 2019 Songs
Latest Falz 2019 Songs
Latest Patoranking 2019 Songs
Latest Tiwa Savage 2019 Songs
Latest Harrysong 2019 Songs
Latest Emtee 2019 Songs
Latest Runtown 2019 Songs
Latest Flavour 2019 Songs
Latest Timaya 2019 Songs
Latest Distruction Boyz 2019 Songs
Latest Nasty 2019 Songs
Latest Dremo 2019 Songs
Latest CDQ 2019 Songs
Latest Yung6ix 2019 Songs
Latest Lil kesh 2019 Songs
Latest Reekado Banks 2019 Songs
Latest Dbanj 2019 Songs
Latest Ycee 2019 Songs
Latest Simi 2019 Songs
Latest Yemi Alade 2019 Songs
Latest Kizz Daniel 2019 Songs
Latest Dammy Krane 2019 Songs
Latest Reminisce 2019 Songs

About Author


Related Posts

Leave a comment


Name Below (Required)      


© 2018 MP3GIST.COM Mp3 Mp4 Mkv Videos And Music Download. flexyjam, fakaza, hiphopza, naijaloaded, tooxlcusive, waploaded, netnaija, 9jaflaver
About us || Content Removal ||Privacy Policy || Contact us || Advertise Here