GOAT Insurance has secured its first strategic acquisition with the purchase of IGG Insurance’s book of business.
As part of the acquisition, the UK-based commercial insurer will bring in managing director Adam Watts and his team under the GOAT brand - a trading name of Sentreos Ltd.
Phil Hayes, co-owner and director of GOAT, and former co-founder of BGL Group (the business behind Compare the Market and Minster Law) said: “Along with my fellow investors, we’ve waited patiently to find the perfect fit to enhance our business model. Adam and his team bring experience and energy perfectly aligned to our future plans for growth and innovation.”
“We’d like to thank Naeem for the tremendous job he’s done building IGG Insurance into a respected and successful business. His vision and hard work laid a strong foundation and we’re honoured to carry it forward.”
IGG is the trading name of Rockland Risk Services.
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