INSURANCE specialist The County Group has expanded its national portfolio with the acquisition of a business in Worcestershire.
The rapidly-growing company, based in Cheshire, has acquired CJN Insurance Services Limited in Tenbury Wells bringing the total number of brands under its umbrella to 30.
CJN has been writing personal and commercial lines insurance for more than 60 years. The business has a team of seven and all, including directors Peter and Stephen Short will move across to county following completion and will remain in the Tenbury Wells office.
County managing director Alastair Christopherson said: “I am delighted that we have completed our transaction with CJN, which is an excellent business, based in our regional ‘heartland’. We have been in discussion with the vendors for some time and through this period we have watched the business continue to succeed in what have been challenging times.
“Peter and Stephen have directed a relationship-led business, demonstrated by their strong customer retention rate and new business focus. The management team at County look forward to working with them.”
Peter Short, director at CJN said: “Picking the right home for the future development of our business was a key consideration for Stephen and I. We have watched the County Group develop its successful model by acquiring great community local brokers. With the power of GRP behind them, they really do have a compelling proposition – one we found was too good to turn down!”
The County Group, which is part of Global Risk Partners (GRP), has acquired 100 per cent of CJN.
Mike Bruce, group CEO at GRP, said: “The County Group continue to go from strength to strength, building their portfolio of businesses as our North West hub. I extend a warm welcome to the CJN team and look forward to the business thriving under new ownership.”
Visit www.countyins.com for more.
