Saffron Insurance has made no secret of its ambitions since becoming an Ethos Broking partner back in 2018 – and today it has wrapped up its seventh deal since that move was made.
The East Anglia based firm has swooped for Romford’s independent broker and Broker Network member, C&M Insurance. The latter, owned and run by Sunil Shah, boasts seven additional staff members all of whom are set to remain with the business once the deal is complete.
For Saffron Insurance MD Steve Seekings, the move for the general commercial brokerage with £1.6 million GWP was sparked by its client-focused culture.
“This is a fantastic start to the year for us and we’re excited to begin 2020 as we mean to go on,” he said. “C&M Insurance is a great business and complements our existing commercial offering perfectly. I’m looking forward to welcoming Sunil and the C&M team to Saffron.”
Saffron, which has been in business for 60 years, has completed deals for Continuum, Grove Insurance, Bridge Insurance, Stuart & Co., Farmer Insurance and Sharer Chapman since 2018.