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Risk Services acquires Astbury Wren

Risk Services (NW) Ltd. has bought insurers Astbury Wren which went into administration last week. In a deal brokered by Chester based accountants McLintocks, law firm Hillyer McKeown and RBS, Astbury Wren’s business valued at £xm, joins with the former competitor to become Risk Services, the largest independent broker in West Cheshire. It ensures business continuity for clients and 15 jobs. Both firms are based in Chester.

Steve Lowe, Managing Director of Risk Services said; “The acquisition of Astbury Wren’s clients and staff enables us to continue our growth plans and is a great fit for the two businesses. Both are absolutely committed to providing a personal and professional service for all clients.  Risk Services’ growing buying power, combined with our knowledge of the insurance market and ability to negotiate at the highest levels, enables us to offer competitive insurance premiums and a true value for money service. We are committed to building a strong reputation for Chester/the North West in the insurance world.”

He added; “It will be business as usual short term until we consolidate everything at Risk Services’ Chester offices here at 171 Boughton later this year. However, we need to minimise disruption, both for Asbury Wren’s staff who have already moved recently and clients just used to a change of address. Exciting times are ahead and I look forward to announcing new/enhancements to products and services as we integrate and strengthen operations here. My thanks to all our advisors including McLintocks who did a fantastic job working under pressure and with the commitment needed to ensure a successful outcome for all.”

 

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