Giles completes acquisition of Dickson Insurance Brokers
by Gill Montia
Giles Insurance Brokers has completed its acquisition of independent insurance intermediary, Dickson Insurance Brokers.
Watford-based Dickson was established in 1986 and employs 20 full-time staff.
The firm placed gross written premiums of £7.2 million in its last financial year, providing services to individual and corporate clients.
According to its founder, Paul Dickson, the business has a reputation for providing specialist corporate insurance across a wide range of sectors.
Giles is particularly keen to expand on the broker’s specialist book, which includes clients in the technology, private equity and venture capital sectors.
The acquisition will also increase the group’s presence in the South of England, taking the number of its offices in the region to seven.
Giles was established in 1967 and has expanded rapidly in recent years; the company employs over 900 staff and places in excess of £300 million in premium annually.