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Robin Plaster and Marcus Johnson

One Broker acquires NW Brown Insurance Brokers Ltd

We are delighted to announce that One Broker Ltd has purchased 100% of the share capital of NW Brown Insurance Brokers Ltd, forthwith. One Broker already owns Knowlden Titlow Insurance Brokers Ltd (KTIB) in Norwich and the acquisition of NW Brown Insurance Brokers represents an exciting opportunity for the One Broker Group to grow its presence in the schemes arena and at the same time expand its geographical footprint. NW Brown Insurance Brokers Ltd will continue to operate from their premises in Regent Street, Cambridge under the same name.

Robin Plaster will become Managing Director of NW Brown Insurance Brokers Ltd and Phil Thorpe will become Broking Director, with responsibility for running the operation on a day to day basis, along with fellow Directors Shaun Lenton and Richard Rampley. In addition to which Phil Thorpe will join the board of KTIB and John Knowlden the board of NW Brown Insurance Brokers Ltd.

Commenting on the agreement Alan Kefford, Chairman of NW Brown Group said “This final step is the logical culmination of a long process of co-operation.  Whilst our position in East Anglia as a top quality Financial Services operation is strong I am delighted to have access to better specialist services for our clients via KTIB as well as NW Brown Insurance Brokers Ltd. We are always seeking ways of improving service for existing clients and of introducing new clients for whom we can provide that high level of service and this closer partnership gives the prospect of doing both. Many commercial operations need our services for auto enrolment, many higher paid directors have problems as a result of Pension Caps: KTIB will now be able to give their clients access to our expertise in these areas very easily.”

Robin Plaster, Managing Director of KTIB said “We have both built our firms on high quality advice and efficient execution. I look forward to working with our new colleagues to grow our business in what is perhaps the most exciting area of the country intellectually, technologically and financially. Our insurance solutions have applications in all areas and I look forward to working with Phil and his team to develop our strong presence in East Anglia. We are confident that the combined skill set of the two firms will make us a recognised leader in our chosen field.”

NW Brown Insurance Brokers Ltd will continue to develop business in their specialist sectors such as Education, Technology, Financial Liabilities, Landlord and Tenants and Listed Buildings.

Published 16th May 2014

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