Consolidator buys media specialist broker in second acquisition in 2010
Oval made its second major acquisition this year, buying media insurance broking specialists O'Neill and Bramwell PLC.
O'Neill and Bramwell specialises in providing insurance broking services to the advertising, production and event industries. It is the second acquistion this year, following the buy out of £9m gross written premium broker JL Fisher in March.
O'Neil and Bramwell has been established for over 10 years, with a strong focus on mid-corporate and corporate clients.
All staff will retain their jobs and directors Susana Bramwell and Tony O'Neill will head up the team, reporting into London & South managing director, Peter Young.
Susana Bramwell who will take the role of Oval’s director of media insurance, said: “We are very pleased with the decision to join Oval. We see the two companies as having very well aligned values which will give us the opportunity to continue the same level of service to our clients, but also gives us the power of being part of a larger company."
Oval managing director Jeff Herdman said: “O'Neill and Bramwell is a highly respected brokerage, having developed strong, long-standing relationships with its clients. This made the company a natural choice to bring in and make part of the group. We are very pleased to have the team join Oval.”
