Marsh completes SMEi acquisition
Broker Marsh has completed its acquisition of independent broker SME Insurance Services (SMEi).
SMEi provides specialist commercial insurance to small and medium-sized enterprises (SME) across the UK.
According to Marsh, the addition of SMEi’s online and call centre platform enhances Marsh’s capability to serve SMEs across the UK, while SMEi’s Broker2Broker platform also brings significant benefit to the members of Marsh’s broker networks.
The co-founders of SMEi, Roger Snowden and Jason Gandy, have joined Marsh to help drive forward its SME strategy.
Mark Weil, chief executive officer (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.”
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.”
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