TBIG completes largest acquisition to date with £38m GWP U Drive Deal

The Broker Investment Group (TBIG) has completed its largest acquisition to date with a 75% stake of U Drive, a £38m GWP specialist personal lines insurance broker.

The transaction marks TBIG’s first deal of 2026, following seven acquisitions completed in 2025, as the Group continues to expand its specialist broking footprint.

U Drive, the trading name of U Drive Cover Limited, is a Sunbury-on-Thames-based broker employing 74 staff.

The business specialises in complex private car risks, including drivers with limited no claims history, modified vehicles and high-value performance vehicles.

U Drive will continue to trade under its existing brand. The existing ownership and management team will remain in place to drive the next phase of growth, supported by TBIG’s central capabilities across marketing, distribution and cross-selling opportunities including home, travel and commercial lines.

The acquisition strengthens TBIG’s position in the specialist motor market and enhances its personal lines capability.

Dave Clapp – Deputy Chairman, The Broker Investment Group

Dave Clapp, Deputy Chairman of The Broker Investment Group, comments:

“This represents a strong start to 2026 and our largest acquisition to date. U Drive is a high-quality, profitable business with an excellent reputation in specialist motor and a proven growth trajectory.

The acquisition broadens our personal lines expertise and further diversifies the Group’s portfolio, increasing both GWP and policy volumes. Just as importantly, we are partnering with an ambitious management team whose culture and growth mindset align closely with ours.

We look forward to supporting the team as they continue to build on their success.”

Chris Haggart, CEO The Broker Investment Group

Chris Haggart, CEO of The Broker Investment Group, adds:

“I am delighted we are off to a strong start to 2026. We intend to double the size of The Broker Investment Group within the next three years, and this purchase makes a sizeable start.”

Steve McPherson – Managing Director, U Drive

Steve McPherson, Managing Director of U Drive, comments:

“From our first discussions with Dave and the TBIG team, it was clear that we share a common vision for growth. I’ve known Dave for a long time, and he was a perfect fit for us as he truly understands the motor market.

The U Drive management team remains fully committed to accelerating the business, and TBIG provides the scale and infrastructure to help us achieve that.

We are proud of the reputation we have built with our customers and insurer partners, and this partnership enables us to continue growing without compromising on service, expertise or culture.

We are excited about the opportunities ahead as part of the TBIG Group.”