Kingsbridge Insurance Brokers has opened a new office in Birmingham to serve clients across the Midlands region.
The opening of the new office is part of the company’s continued growth strategy, according to Gary Williamson, Kingsbridge managing director.
“Birmingham is a fantastic insurance market to be a part of, being a presence in the region was firmly in our plans and when the right leader became available to build a new office location with, it was too good an opportunity to miss,” Williamson said.
The new Birmingham office will be led by its new branch director, Mark Hayward.
“This was a fabulous opportunity to join an established yet very ambitious business to set up something new. Kingsbridge has very exciting growth plans for the specialisms that we will be focusing on, especially in this region of the UK. For these reasons, I am delighted to be here leading the team,” Hayward said.
Kingsbridge Insurance Brokers, which started out as a specialist broker in 2001, is part of the Kingsbridge Group – employing 100 people with its headquarters in Liverpool and offices in London and Tewkesbury. Kingsbridge is owned by NSM Insurance Group, a provider of speciality insurance programs in the US.
After Birmingham, Williamson said Kingsbridge plans to further expand into new locations.
“In the past 12 months we have grown the size and strength of our team incredibly and there is much more to come. With the support of the group and our parents at NSM, we have investment to grow the business. We have significant organic growth plans alongside a supporting acquisition strategy, should the right opportunities arise,” Williamson said.
“We have account executives and a leadership team that spans a number of territories and are strongly establishing ourselves in these areas, including across the north and into London and the southeast. It is our intention to further strengthen our footprint in these insurance markets, accessing new talent pools for the business.”