Bollington achieve 30% fostering agency market share

by Richard Kilner

Story link: Bollington achieve 30% fostering agency market share

Two years after the launch of its fostering agency product commercial broker Bollington has achieved a 30% share of the UK market.

The product has been nominated for two separate awards recently, and offers a single package that provides all the essential cover.

The firm, which distributes its product via the Bollington Care brand, is expecting to continue to secure more of the fostering agency market share in the future.

Bollington has a strong presence in the care sector, and is equipped with first class expertise.

The firm has won awards, and the Fostering Network (with tens of thousands of members) has sought the firm’s advice on the formation of a UK-wide standard contract for independent foster agencies and local authorities.

Bollington’s rapid success in gaining a large share of the market is due to its innovative approach to niche risks which permits it to offer coverage that can otherwise be troublesome to attain.

Chris Patterson was recently appointed as the firm’s new managing director, and shortly Bollington will launch a set of enhancements for its wholesale products including online access.