9th May 2024

The Broker Investment Group makes significant strides forward in their MGA division and increases their stake in Hathaway & Cope to 75%


The Broker Investment Group makes significant strides forward in their MGA division and increases their stake in Hathaway & Cope to 75%.

The Broker Investment Group (TBIG) has increased its stake in Hathaway & Cope – an MGA with delegated authority, to 75% ownership.

Hathaway & Cope are based in West Yorkshire, and provide specialist public & employers liability insurance, contractors all risks and excess of loss insurance to retail insurance brokers.

Hathaway & Cope were founded in 1982 and have been trading for 42 years. The Broker Investment Group took an original stake in October 2022 and under Dave Ransley’s leadership, they have doubled their GWP to £6m by expanding the distribution network.

Dave Ransley is the Managing Director of Hathaway & Cope and remains at the forefront of the business moving forward, with ambitious plans for further expansion as part of the fast-growing TBIG MGA division which includes Accelerate Underwriting, Insurety and TBIG Residential Property.

Dave Ransley, Managing Director, Hathaway & Cope

 

Dave Ransley, Hathaway & Cope, comments:

“I’m delighted to strengthen our partnership with The Broker Investment Group. Since our initial collaboration in 2022, the relationship has really blossomed, and we have worked really well together to increase distribution.

Our niche products such as Liability and Excess of Loss products are perfect for more unusual or difficult to place risks, and once an insurance broker gets to know both our products and our exceptional team of people, this helps grow our book of business exponentially.

I really feel we are becoming much more visible in the insurance broking market, and we continue to attract the best talent to our team to make sure we deliver the best possible service to our retail insurance brokers.

Feedback tells us that it is our quick turnaround of quotes and general high levels of communication that make us stand out as an MGA and we look forward to further cementing our strong relationship with TBIG and continuing our growth trajectory.”

Dave Clapp – CEO, The Broker Investment Group

 

Dave Clapp, CEO of The Broker Investment Group, comments:

“When looking for growth opportunities, it is important to back the right people, we were really impressed with Dave and his team before we took the initial investment in 2022 and working with them since has been a real pleasure.

We are delighted to be increasing our investment in this business as we see the significant growth potential.

Our MGA division is in a great place, and we look forward to continued success in the years ahead.”

Author

Email:
Close
Subscribe for Email Updates

Sign up for helpful hints for insurance brokers across the UK

Subscribe
Unsubscribe
Marketing by