’The business has a fantastic team that has in-depth understanding of the risks facing clients in the real estate sector,’ says regional managing director
Gallagher has acquired Bircroft Insurance Services to expand its real estate practice.
Based in London, Bircroft is a commercial insurance broker that supports the real estate sector, both on a wholesale and retail basis.
The firm also looks after private clients wanting to protect their homes and valuables.
The acquisition will see Bircroft become part of Gallagher’s real estate practice within its UK and Ireland retail division.
The arm supports clients in the UK, including property owners and investors, managing agents, resident managing companies and property developers.
Gallagher regional managing director Jon Phillips said: “I am delighted to welcome Bircroft to Gallagher.
“The business has a fantastic team that has in-depth understanding of the risks facing clients in the real estate sector.
“We already have one of the UK’s largest teams operating in real estate and the products and knowledge offered by the team at Bircroft are highly complementary to our current offering and becoming part of Gallagher will provide them with a springboard for expansion.”
’Well aligned’
Bircroft was established over 15 years ago as part of the Dawnay Day Group. It has a team of circa 10 colleagues led by Ian Lee and Simon Bird.
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Lee, Bird and the rest of the team will continue in their current roles as part of the deal.
Lee said: “Joining Gallagher is great news for our business, colleagues and clients. Our two businesses are well aligned and share established capabilities in the real estate sector.
“We are incredibly excited about this new chapter in our journey and I am very much looking forward to becoming part of the Gallagher team.”
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
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