BRIDLE Insurance, part of the Bridle Group, has been sold to Reading-based Finch Group.
Finch said that Bridle Insurance, its biggest purchase to date, would bring £10 million in gross written premium (GWP) and a workforce of 17 people.
Managing director Vince Gardner added: “Bridle Insurance is a brokerage I have admired for many years. They have strong client relationships and have a perfect cultural fit with the Finch Group.”
The Bridle Group also includes Bridle Vehicle Leasing, led buy Alan Carreras, and a group of brokerages the company has bought over the last few years. These include Compass Contract Hire, Total Fleet and Fulton Vehicle Leasing.
Alan is also chairman of the BVRLA Leasing Broker Committee.
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
