Brown & Brown (Europe) Limited has announced the acquisition of Drewberry Limited, a specialist in employee benefits, workplace pensions, consumer and business protection, and private medical insurance.
Drewberry, established in 2009 and based in Brighton and London, will now operate as part of Brown & Brown’s Premier Choice Group (PCG), which focuses on health, employee benefits, and protection services.
As part of the transition, Andrew Jenkinson and Tom Conner, Drewberry’s co-founders, will join the Premier Choice Group leadership team. Brown & Brown also noted that Drewberry’s employees will remain in their current roles and locations, ensuring continuity of service for clients during the transition.
Stephen Hough, director of Premier Choice Group, commented on the acquisition, noting Drewberry’s strong position in the employee benefits market and its alignment with PCG’s strategic goals.
“Drewberry has established itself as a forward-thinking, service-led business in the employee benefits market,” he said. “Their unique technology platform, workplace pension service and specialisation in key growth areas align perfectly with our vision at Premier Choice Group, and we’re excited to welcome Andrew, Tom and the entire Drewberry team to PCG.”
Jenkinson also described the acquisition as an opportunity to work with a global leader like Brown & Brown while maintaining Drewberry’s commitment to personalised service for its clients.
“This is a fantastic opportunity for Drewberry to join forces with a global leader like Brown & Brown while continuing to deliver the tailored, personal services that our customers have come to expect,” he said.
The terms of the deal have not been disclosed. Drewberry’s platform is expected to enhance PCG’s capabilities by providing tailored benefit solutions to businesses and employees in the UK.
In October, Bridge Specialty International, the international arm of Brown & Brown’s wholesale and specialty brokerage Bridge Specialty Group, announced its completion of the acquisition of Singapore-based insurance broker Acorn International Network.
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