AssuredPartners International Announces Acquisition of Anchorman Insurance Consultants Ltd

AssuredPartners, a leading insurance broker in the United States, UK and Ireland is pleased to announce the acquisition of Anchorman, subject to the customary regulatory approval.

Anchorman, founded in 1998, is a specialist provider of professional indemnity insurance to a wide range of professions and places in the region of £8m GWP. The team will all remain in their current roles and continue under the management of Tony and Gillian Cross.

David Heathfield, CEO of AssuredPartners International, said: “Anchorman’s reputation in the industry made the prospect of joining forces exciting for us. The team have carved out a strong reputation for being thought leaders in the Professional Indemnity space and their relationships with underwriters, businesses and clients will make the partnership an exciting platform for further growth across the UK.”

Tony & Gillian Cross added, “Anchorman has been built with a great deal of personal pride and it was clear to Gillian and I, from the very beginning that the AssuredPartners approach was significantly different to the plethora of consolidators approaching us over the years, making them the perfect cultural fit and client focussed partner for us. The strength and wider opportunities available within the AssuredPartners family combined with centralised support have given us renewed confidence and we now look forward to an exciting future that will benefit our clients and staff alike. I am incredibly proud of the business we have built over the years. I see this acquisition as a means by which we can maintain our company DNA and be well-placed to continue expanding as a business, both organically and via acquisition. The whole team at Anchorman is looking forward to this next chapter and the opportunities that it will present to us.”

Anchorman is a market leader in placing professional indemnity insurance for small and medium-sized practice professionals, with a particular focus on property-based professionals such as estate agents, surveyors, architects and structural engineers. Based in Devon with a national presence, Anchorman provides professional indemnity insurance to over 3000 small and medium-sized practices.