Giles Insurance Brokers bags three in ambitious

11 March 2008

Ambitious broker Giles Insurance Brokers has made the first three acquisitions following the massive £500 million private equity investment in the company.

Birmingham-based Midland Risk Management, Robinson Leslie of Chester and DS Howell of Tonyrefail in Wales have all been snapped up as Giles’ steps up its regional acquisition programme.

Midland Risk Management was founded in the Acocks Green area of Birmingham 25 years ago by partners Mike Le Resche and Gary Carroll. The two founders were later joined by Peter Jones and all three senior partners are taking key roles within Giles following the acquisition of the business. Midland Risk Management is one of the largest remaining independent Commercial Brokers in the Birmingham area and represents a further strategic penetration into the Midlands market by Giles.

Giles has also strengthened its presence in Chester following its purchase of commercial lines specialist broker Robinson Leslie.

The business was formed in 1982 and commands over £8 million in premium income.
Current Managing Director of Robinson Leslie, Andy Piggott will become Giles’ Chester branch manager following the acquisition.

The acquisition of DS Howell comes hot on the heels of the purchase of fellow Welsh broker Hedges & Rose in November last year.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development