Bluefin to continue acquisition spree

| March 9, 2010 | 0 Comments
Bluefin to continue acquisition spree

Bluefin Insurance Services has confirmed ambitious acquisition plans spanning the next three years.

The AXA-owned broker already has over 50 branches, having acquired Lakeland Insurance Brokers and Lakeland Insurance Advisers in 2009.

The firm currently has six acquisitions in the pipeline and looking ahead, believes the current economic climate “is likely to yield further good prospects”.

It is keen to expand into a number of regions where stronger representation is “desirable”, including the South West, Wales, the East Midlands and Northern Scotland.

Operations director, Darryl Druckman, comments: “We’re very interested in brokers there who may be thinking of selling up.”

He continues: “Additionally, we have a number of real specialisms within the group and where we find a broker with a complimentary book of business, we’d definitely like to talk them.”

Mr Druckman reminds those tempted by his offer that Bluefin’s AXA ownership gives it “tremendous financial security”.

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Category: Axa Insurance News, Insurance News

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