TBIG strike 2nd deal of 2025, with more acquisitions in the pipeline in Q2

The Broker Investment Group (TBIG) have secured their second deal of 2025 with a buoyant pipeline of deals to follow in Q2 2025.

The latest deal sees the arrival of vastly experienced Andrew Powell with his book of existing insurance business and sizable new business pipeline. This adds another £1m GWP to the Group, with a new branch opening in Stratford Upon Avon and further expands the TBIG community broking footprint throughout the UK.

As per TBIG strategy, many of the acquisitions are placed into existing Group brokers and in this instance, this is perfectly suited to Midlands based The Needham Group.

Needham Insurance Services – part of the Needham Group and backed by The Broker Investment Group (TBIG) – have grown their regional presence in the Midlands and have in recent years acquired Baldersons Insurance, PJ Insurance and Corporate Insurance Solutions.

Neal Lowe (Left) and Andrew Powell (right)

Andrew Powell (right) – pictured above with The Needham Group Managing Director Neal Lowe (left) – has many years of experience as a commercial insurance account executive and this new deal sees The Needham Group’s GWP fast approach the £10m GWP mark.

Dave Clapp – CEO – The Broker Investment Group

Dave Clapp, CEO of TBIG comments:

“Great to get the second deal of 2025 over the line, with plenty more to follow before the end of June 2025. It’s rewarding to see that insurance brokers are liking our model and great to keep momentum as we build our regional footprint. We welcome Andrew and team into the TBIG family and look forward to great things ahead.”

Neal Lowe, MD of The Needham Group, adds:

“I am delighted to welcome Andrew to the Needham Group family. His £1m GWP book of business are all very welcome too! Andrew is great at what he does as an experienced commercial account executive, and we are confident that his clients will remain loyal, and he will attract new customers too.

Opening a new branch in Stratford Upon Avon and expanding our footprint are exciting times for us, and with the £10m GWP milestone within touching distance for us now, we are pushing forward with our organic and acquisition strategy working closely with TBIG.”