Equity Insurance acquires again

by David Masters

Story link: Equity Insurance acquires again

UK-based Equity Insurance Group has completed two book acquisitions, transferring personal lines and commercial accounts into the company’s growing network of branches.

Equity have acquired Hampshire-based Direct Insurance Services and Burnham on Sea-based broker JR & MS Turco General Insurance.

Business handled by Direct Insurance Services will be moved to Equity’s Basingstoke site in Potters Walk, whilst JR & MS Turco will be moved to the company’s Basingstoke branch.

Equity’s acquisitions director Mike Hutton said that acquiring businesses close to current branches is a ‘real benefit’, and that Equity will continue to search for similar opportunities.