Fortress Underwriting bought for undisclosed sum
Acumus Insurance Solutions has acquired home insurer Fortress Underwriting for an undisclosed sum.
Acumus managing director, John Bibby, said: "We are delighted to have bought this well established and highly respected specialist home insurer, which has been in this market for over 20 years. This is a good fit with our existing network, with potential to build on existing strong relationships to introduce our product range of buy-to-let, travel, wedding and other specialist risk products to hundreds of new brokers."
Fortress Underwriting has a customer base of 15,000 clients and a nationwide network of 400 insurance brokers and agents. Its insurance products cover over £3 billion in property and contents in the UK.
“The deal secures a bright future for the Fortress brand with significant investment planned in existing and new products and systems. This will provide us with the platform to offer a wide range of products and services to a broader range of clients," said Bibby.
