Acrisure, a global Fintech company, has announced the acquisitions of Financial and Credit Insurance Services Ltd (FinCred) and Global Broking Solutions (GBS), managed by the Sutton Winson team, marking a significant expansion of the company’s footprint in southern England.
FinCred, based in Sevenoaks, Kent, is a specialised credit insurance broker and surety bond expert with a diverse clientele worldwide. This acquisition bolsters Acrisure and Sutton Winson’s combined capabilities throughout the United Kingdom.
Hannah Lyon-Wall, Managing Director of FinCred, brings over six years of experience from Markel International before taking over the family-owned business in 2016.
Additionally, Acrisure acquired Global Broking Solutions (GBS), expanding its client base across Kent and East Sussex. This strategic acquisition aligns with Acrisure and Sutton Winson’s plan to establish three key office locations in London, East Sussex, and now Kent.
Mark McIlquham, president of Acrisure UK Retail, comments, “We are excited to continue our expansion in southern England with these two acquisitions, led by the world-class Sutton Winson team.
He adds, “Hannah is a proven leader with a phenomenal track record and a huge future in the industry. We are genuinely delighted to welcome her and the rest of the team onboard.”
Gareth Roberts, Managing Director, Sutton Winson, states, “We are thrilled with the acquisitions of FinCred and GBS, and this is the beginning of something special we are building with Acrisure in the south. Acrisure will continue to support us in acquiring businesses with whom we can culturally align. We now control close to £70mn GWP and expect that figure to surpass £100mn within the next two years through a combination of organic and inorganic growth.”
Lyon-Wall remarks, “My family and I have known Sutton Winson for years, and when we decided the time was right to sell and become part of a larger organisation, there was only one business we even considered partnering with. We are incredibly specialist in our field and know that Acrisure’s global presence will have a massively beneficial impact on our future growth trajectory.”
