Giles Insurance Brokers acquires RA Rossborough
Giles Insurance Brokers has announced the acquisition of RA Rossborough Limited and its general insurance broking companies.
The acquisition represents the largest acquisition by independent broker Giles to date.
Rossborough is the largest broker in the Channel Islands and has key offices in Southampton and the Isle of Man.
Across the group, Rossborough employs around 180 people. The value of the deal has not been disclosed.
The company, established in 1936, is one of the country’s leading general insurance brokers with an additional specialism in healthcare.
The acquisition provides Giles with a market leading presence in the Channel Islands, a new territory for the group, and further strengthens its branch network in the UK via the addition of Rossborough’s Southampton office.
Category: Companies News, Giles insurance broker news, Insurance News
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