Tasker Insurance Group Acquire Insure Risk Limited
The Tasker Insurance Group has acquired Insure Risk Limited, subject to FCA approval. The deal is the second within the past 12 months for Tasker Insurance and the fifth over the past 2 and a half years and supports Tasker’s strategy of expanding further on its existing regional footprint and extending its specialist capabilities. It comes soon after the announcement of the acquisition of Tasker by Jensten Group and aligns to the expanded Group’s strategy of developing a regional footprint across the UK through acquisition and organic growth.
Located in Altrincham, Cheshire and established in 2010, Insure Risk is a £2.5m GWP commercial broking business. The Insure Risk team will add further depth to Tasker Insurance Brokers in the North West bringing mid corporate capability and extending the Tasker PI capability within the North West region.
On completion, Insure Risk’s MD, Ged Murray, will work as a consultant to support the smooth transition of the business, whilst fellow Insure Risk executive director shareholder, Paul Denny, will take up the role as Director – Corporate North West for Tasker.
Paul will also join the Tasker Insurance Brokers Management Committee, reporting to the MD of Tasker Insurance Brokers, Robin Thomson.
Robert Organ, CEO of Tasker Insurance Group, commented “having known Ged and Paul for some time, I am delighted to welcome them and their team into the business. They are very much aligned to our thinking and approach to business, which will be part of the reason for our joint success in the future”.
Ged Murray, commented “we have always felt that Tasker Insurance would be a great home for our business. Rob, Robin and the broader Tasker team have been easy to work with throughout the process and I know that Tasker is the right home for my team and our clients”.
Paul Denny said “Robin and I have worked closely together over the past few months, I’m excited about Insure Risk being the platform for further investment and growth for the business in the North West and I can’t wait to get started and lead the team forward”.
Robin Thomson concluded by saying “its great to see Tasker continue to grow and develop, with acquisitions remaining very firmly part of our strategy going forwards”.