09/05/2024
Press Release
We’re excited to announced that in partnership with our parent company, Acrisure, we have acquired the organisation, Financial and Credit Insurance Services Ltd (FinCred) and a large client base from Global Broking Solutions (GBS).
Financial and Credit Insurance Services Ltd (FinCred)
FinCred is a specialist credit insurance broker and surety bond expert. Based in Sevenoaks, Kent, but boasting a worldwide book of business, it will further enhance Acrisure and Sutton Winson’s collective capabilities across the United Kingdom.
Hannah Lyon-Wall, who will continue as Managing Director of Fincred, spent more than six years at Markel International prior to taking over the family-owned business in 2016. FinCred will operate under its current brand and with its current team, as a wholly owned subsidiary of Sutton Winson.
Global Broking Solutions (GBS)
We have also purchased Global Broking Solutions (GBS) in a deal which saw us acquire a client base which spans across all parts of Kent and West Sussex. The strategic move compliments the acquisition of FinCred as we look to form three established office locations in London, West Sussex and now Kent.
Mark McIlquham, president, Acrisure UK Retail, said: “We are excited to continue our expansion in southern England with these two acquisitions, led by the world-class Sutton Winson team. Hannah is a proven leader with a phenomenal track record and a huge future in the industry. We are genuinely delighted to welcome her and the rest of the team onboard.”
Gareth Roberts, Managing Director, Sutton Winson, said: “We are thrilled with the acquisitions of FinCred and GBS, and this is the beginning of something special we are building with Acrisure in the south. Acrisure will continue to support us in acquiring businesses with whom we can culturally align.”
Lyon-Wall said: “My family and I have known Sutton Winson for years, and when we decided the time was right to sell and become part of a larger organisation, there was only one business we even considered partnering with. We are incredibly specialist in our field and know that Acrisure’s global presence will have a massively beneficial impact on our future growth trajectory.”
About Sutton Winson
Sutton Winson are a Chartered Insurance Broker and professional risk advisory firm, that help businesses with bespoke insurance solutions and provide risk management services for clients of all sizes. They also offer professional insurance services to Private Clients and individuals, all over the UK and overseas.
Following their acquisition in January 2023, Sutton Winson are owned by Acrisure, a global Fintech leader.
About Acrisure
Acrisure is An Extraordinary Advantage℠ for millions of clients worldwide. The Company combines humans and high tech to deliver a broad array of products including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more. In the last nine years, Acrisure has grown in revenue from $38 million to $4.4 billion and today employs over 17,000 colleagues in over 20 countries.
Media enquiries
For more information about this appointment and details in this press release, please contact marketing@swib.co.uk
