Anthony James marks SRG’s fifth acquisition since receiving investment from Warburg Pincus and Temasek. Credit: Kheng Guan Toh / Shutterstock.

UK-based insurance broker Specialist Risk Group (SRG) has strengthened its retail operations with the acquisition of Anthony James Insurance Brokers.

The financial terms of the deal, which bolsters SRG’s Specialist Risk Insurance Solutions (SRIS) division, remain undisclosed.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Established in 2009, Anthony James is known for its wide-ranging insurance services for UK businesses, including commercial, corporate, and high-net-worth personal lines.

As part of the deal, 50 Anthony James employees will join SRG, maintaining their operations from the Loughborough and Nottingham offices.

Steve Boorman, chairman and founder; and Jacob Duckworth, managing director; will continue at Anthony James to propel growth organically and through further acquisitions.

This acquisition expands SRG’s footprint in the East Midlands region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

SRG Group deputy CEO Lee Anderson said: “Steve, Jacob and the team at Anthony James are a brilliant addition to our growing Group. They have built a fast-growing and profitable business that we have admired for a number of years, and we are delighted to welcome them to SRG.

“The Anthony James team will add tremendous value to our retail business, SRIS, and I look forward to seeing the positive impact Steve and his team make as part of our exciting growth strategy.”

Boorman said: “It became clear when getting to know Lee and the SRG team throughout the deal process that we shared the same people-focused and growth-oriented values.

“I would like to thank my team for all their hard work, and we now look forward to working with our SRG colleagues on our exciting future ahead.”

Closing of the transaction is contingent on the receipt of regulatory approval.

Anthony James marks the fifth acquisition for SRG since the announcement of new investment partners, Warburg Pincus and Temasek, earlier this year.

SRG’s recent acquisitions include Carriagehouse, which enhances the company’s equestrian insurance offerings; Tristar Special Risks, a specialist in terrorism insurance; and Strategic Insurance Services, which brings a focus on specialist schemes to SRG’s portfolio.