KBIS is planning to acquire the UK retail business of rival equestrian broker THB British Equestrian.
Under a proposal being debated by the two brokers, THB British Equestrian would become part of the KBIS group, while THB British Equestrian would continue dealing with association business including the BSJA, British Dressage and Pony Club.
The proposed deal would see KBIS add liability cover for livery yards, equestrian establishments, instructors and event insurance to its existing portfolio of cover for riding and competition horses, bloodstock, horseboxes and trailers.
KBIS managing director Guy Prest commented: “The proposed acquisition represents an exciting stage in the development of KBIS which will allow us to give a wider range of products at the best value to our customers. We will continue to put great emphasis on providing a quality service with staff who truly understand the equestrian world.”
Karen Ellis of THB British Equestrian said: “We are delighted to be working on this new venture with KBIS which sees both companies entering a new era. THB British Equestrian will concentrate on developing our extensive network of insurance programmes for equine associations and also on building our wholesale book of equine business.”
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