A leading Cumbrian insurance brokers has confirmed its acquisition of a North East firm.
H&H Insurance Brokers, part of H&H Group, has acquired Tynedale Insurance Services Limited.
The firm said it was part of an ongoing growth strategy for H&H Group which, in the last two years have acquired Eden Lettings and Management for its property division and Print Graphic and Dotcom for H&H Reeds.
Richard Rankin, CEO of H&H Group, said: “The acquisition of Tynedale Insurance Services is part of our strategy to deliver growth and opportunity, both for the company and our clients.
“It is also a natural connection of dots, linking our Cumbrian offering with our now established North East team. But more importantly both companies share the same ethos and values, living by high levels of service and professionalism and this acquisition enhances our offering even further.”
Tynedale Insurance Services was founded by Joanne Lee in 2015.
Paul Graham, managing director of H&H Insurance Brokers, said: “We have known Tynedale Insurance Services and Joanne for many years and there were obvious synergies between our two companies. Joanne has built up a very successful business. She is highly respected within the industry, and we share the same values.”
“We are delighted to be joining forces and further strengthening both our presence in Northumberland and our position as the leading independent rural insurance brokers in the North of England. Through this merger we will offer customers an expanded and improved range of services.”
