Giles acquires Henley Risk Management

by Gill Montia

Story link: Giles acquires Henley Risk Management

Giles Insurance Brokers now has a presence in Ipswich, following its acquisition of Henley Risk Management.

Henley Risk Management was established in 2000 and specialises in the construction, manufacturing, motor, printing, leisure and food sectors.

The broker employs 11 staff at offices on the town’s Sandy Hill Lane and director, Robert Shurety, believes that the move is a positive one the firm and its customers.

By drawing on Giles’ expertise, he expects to be able to offer clients a greater level of service and a much wider choice of products.

Giles’ chief executive, Chris Giles, says the company will continue to grow its presence throughout the UK and will be announcing a number of further acquisitions in the coming months.

Private equity firm, Charterhouse, acquired Giles in February of this year, backing its ambitious plans for rapid growth.

The business is currently acquiring around four branches per month and says it is on target to hit £1 billion in gross written premiums.