Tasker Insurance Group (“TIG”) continues to grow and develop their specialist risks division with the acquisition of Vantage Professional Risks, a division of Vantage Insurance Services, which will further strengthen TIG’s retail proposition.
The Worthing based team, led by Martin Swann, will form part of the specialist retail broking division within the broader retail business, Tasker Insurance Brokers (“TIB”). This is TIG’s third acquisition of 2019 with the previous two also being of specialist broking businesses.
This division, which provides bespoke insurance and risk management solutions for professionals, including medical and healthcare professionals via their Enhance brand, and professional services companies, adds further depth to TIB’s specialist broking division which already includes the Tour Operators and Travel business, Travel Risk Professionals, and the Technology and Life Sciences business, Tasker Technology Risks. The acquisition also extends TIB’s footprint into the South, already having hubs in the North West, East, Midlands, South East and at TIG’s head office in London.
Speaking of the acquisition, CEO, Robert Organ said “Following our previous acquisition I said that Tasker Insurance had a clear vision to build our specialist broking capabilities in the areas of technology, life sciences, PI, financial lines and medical malpractice in addition to extending our regional retail broking footprint. Here we are, just 5 months later, and this acquisition demonstrates that we are successfully delivering on this strategy”.
Robert Organ went on to say “Having decided to develop a professional risks business, I was delighted that Martin agreed to join us to drive it forward. He is well respected within the market place and he and his team will be a real asset to our business. At a time when other brokers within the marketplace are reducing their head count, I am delighted to welcome Martin and the team on board.”
Martin Swann, MD of the Professional Risks division commented, “I am personally very excited to be joining Tasker Insurance. It is a dynamic and fast-moving business with a real focus on its people and clients. I know that both the team and I will thrive in this environment and be able to successfully grow and develop individually and professionally.”
The acquisition will see the business and the team remain in the Worthing area.
TIB’s recently appointed Retail MD, Robin Thomson added “Having only recently joined the business myself, to see such a capable team join the Group is fantastic. There’s a real buzz at Tasker Insurance and it’s no wonder that we are getting so many approaches from people looking to explore their options. It’s a great place to be.”
TIG continues to grow with a key focus on acquiring broker businesses and attracting talented individuals who are interested in becoming part of a dynamic and empowering business.
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Information for editors:
You can view the Tasker Professional Risks page here: www.taskerprofessionalrisks.co.uk
Formed in May 2011, the Tasker Insurance Group is an insurance intermediary with a specialist retail broker, Tasker Insurance Brokers, a wholesale Lloyd’s Broker, Tasker & Partners, and Managing General Agent, Gresham Underwriting. Employing 100+ staff in six UK offices the Group provides insurance broking and risk management solutions to businesses and their people, as well as wholesale broking support to other UK Brokers.
We have specialisms in Leisure, Hospitality, Entertainment, Licenced Trades and Travel & Tour Operators. Our Retail and Specialist broking teams arrange insurance directly for clients whilst our wholesale broking team and underwriting business provide solutions via other insurance brokers who come to us because of our knowledge, range of products and excellent service levels.