Giles Insurance Brokers acquires LRG

by Richard Kilner

Story link: Giles Insurance Brokers acquires LRG

Independent insurance broker Giles Insurance Brokers Ltd has begun 2009 with the acquisition of LRG Insurance Services Ltd.

Ashley Cooper, presently managing director of LRG, will become a regional director within Giles.

The acquisition follows Giles’ successful year in 2008 which saw it make 21 acquisitions.

LRG is a regional broker located in Rickmansworth, in the vicinity of Watford, and will enhance the presence of Giles in the region.

Its acquisition will enable Giles to benefit from its local knowledge and share of the market.

LRG was first established over four decades ago, and has earnt itself a reputation for providing the commercial market with excellent personal service.

Chief executive of Giles, Chris Giles, has described the move as a further step in the firm’s bid to establish its position around London.