Insurance intermediary, Specialist Risk Group (SRG), has acquired Loughborough-based Anthony James Insurance Brokers, subject to regulatory approval.
This latest acquisition further expands and strengthens SRG’s retail pillar, Specialist Risk Insurance Solutions (SRIS).
Founded in 2009, Anthony James Insurance Brokers has built a strong reputation for providing comprehensive insurance services for businesses across the UK. Its expertise spans a wide range of sectors including commercial, corporate, and high-net worth personal lines, making Anthony James a valuable addition to SRG’s existing portfolio.
Chairman and founder, Steve Boorman, and Managing Director, Jacob Duckworth, will continue to lead the business, aiming to accelerate growth both organically and through acquisitions. Their team of 50 staff will also transition to SRG, maintaining operations from the Loughborough and Nottingham offices as they establish and strengthen SRG’s presence in the East Midlands.
Anthony James becomes SRG’s fifth acquisition since it announced its new investment partners, Warburg Pincus and Temasek, in May this year.
Lee Anderson, SRG Group Deputy CEO, said: “Steve, Jacob and the team at Anthony James are a brilliant addition to our growing Group. They have built a fast growing and profitable business that we have admired for a number of years, and we are delighted to welcome them to SRG. The Anthony James team will add tremendous value to our retail business, SRIS, and I look forward to seeing the positive impact Steve and his team make as part of our exciting growth strategy.”
Steve Boorman, Anthony James Chairman, said: “It became clear when getting to know Lee and the SRG team throughout the deal process that we shared the same people-focussed and growth-oriented values. I would like to thank my team for all their hard work, and we now look forward to working with our SRG colleagues on our exciting future ahead.”
