RPC advises Right Choice Holdings on Bennetts acquisition

RPC has advised Right Choice Holdings on its acquisition of Bennetts Motorcycling Services from The Ardonagh Group.

Bennetts will be a sister company to Right Choice Insurance Brokers, a motor insurance broker specialising in non-standard risks.

RPC Partners Matthew Griffith and James Mee led the RPC team on behalf of Right Choice Holdings. Herbert Smith Freehills led by Partner Barnaby Hinnigan advised Bennetts Motorcycling Services.

Mark Mugge – group chief financial officer at Right Choice Holding said: "This is an exciting acquisition for Right Choice. The Bennetts brand is well established and the deal forms part of our strategy of offering best in class specialisms to our customers and to enable our people to flourish. It was a great to work with the RPC team and leverage their expertise in doing deals in the insurance M&A market."

Bennetts was established in 1930 and is one of the UK's largest motorcycling insurance brands, servicing 200,000 motorcyclists across the UK.

    Share Story:

YOU MIGHT ALSO LIKE


Cyber risk in the transportation industry
The connected nature of the transport and logistics industries makes them an attractive target for hackers, with potentially disruptive and costly consequences. Between June 2020 and June 2021, the transportation industry saw an 186% increase in weekly ransomware attacks. At the same time, regulations and cyber security standards are lacking – creating weak postures across the board. This podcast explores the key risks. Published April 2022.

Political risk: A fresh perspective
CIR’s editor, Deborah Ritchie speaks with head of PCS at Verisk, Tom Johansmeyer about the confluence of political, nat cat and pandemic risks in a world that is becoming an increasingly risky place in which to do business. Published February 2022.