Bridle acquires Southampton Insurance Services
by Gill Montia
Story link: Bridle acquires Southampton Insurance Services
Bridle Insurance has completed the purchase of Southampton Insurance Services, also known as Simple Insurance Solutions and SIS.
SIS managing Director, Phil Shephard, and his entire team will now relocate to Bridle’s Southampton Centre, bringing with them thousands of clients including Southampton Football Club plus some of the Club’s players and fans.
The firm has strong contacts in the sports insurance sector, having provided both personal and commercial insurance, including hard-to-place sports-related risks, such as concerts at sports stadiums.
Commenting on the deal, Mr Shephard describes Bridle as a “natural and perfect fit”, while Bridle chief operating officer, Neil Fox, says he is “delighted” to have fought off the competition in acquiring SIS.
Last week, Bridle announced that it had acquired Leicestershire-based Abbot Insurance, a niche personal lines broker that will enhance the group’s personal lines division.