Marsh Completes Acquisition of SME Insurance Services (SMEi)

By SME Insurance

Posted 03/08/15

Marsh today announced the completion of its previously agreed acquisition of Leeds-based SME Insurance Services (SMEi), an independent broker which provides specialist commercial insurance to small and medium-sized enterprises across the UK. The transaction was announced on 1 June.

The addition of SMEi’s online and call centre platform enhances Marsh’s capability to serve small and medium-sized businesses across the UK, while SMEi’s Broker2Broker platform also brings significant benefit to the members of Marsh’s broker networks.

Roger Snowden and Jason Gandy, co-founders of SMEi, have now joined Marsh to help drive forward its small and medium-sized enterprise strategy.

Mark Weil, CEO of Marsh UK & Ireland, said: “Our acquisition of SMEi considerably extends Marsh’s reach across the UK’s small and medium-sized enterprise sector. Since the announcement in June, we have been working closely with its management team and have been impressed by their knowledge, insight and understanding of the SME segment. I am delighted to welcome SMEi colleagues to Marsh.”

Jason Gandy added: “Becoming part of Marsh is great news for our clients and colleagues alike. We look forward to a rapid integration of the businesses and delivering a better way for SMEs to obtain risk and insurance advice that enables them to be more resilient and successful.”

Posted 03/08/15

Author: SME Insurance

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