SRG acquires bloodstock and livestock broker

Specialist Risk Group (SRG) has acquired specialist bloodstock and livestock broker Stonehatch.

Stonehatch was founded in 2014 by Chris Williamson and serves clients globally.

The deal will see Williamson and his senior team continue to lead Stonehatch and help SRG grow its equine specialism.

”Stonehatch’s expertise in bloodstock and livestock insurance will complement SRG’s existing equestrian portfolio, providing clients and broker partners with enhanced, tailored solutions across both national and international markets,” a statement said.

Williamson added: “This is an exciting new chapter for the whole Stonehatch team.

”Joining SRG enables us to continue our journey with a partner that shares our client-centric values and vision. By combining our specialist knowledge in bloodstock and livestock insurance with SRG’s resources and expertise, we are well positioned to expand our services and deliver more value to our clients.”

Commitment 

SRG also felt the deal showed commitment to expanding and investing in its specialist capabilities and ”reinforces its position as a leader in niche insurance markets”.

Lee Anderson, group deputy chief executive at SRG, said: “We are delighted to welcome Williamson and the Stonehatch team to SRG.

”Stonehatch is a perfect fit for us – not only in terms of its market-leading expertise in bloodstock and livestock insurance, but also in terms of its culture. 

“Williamson and his team share our commitment to delivering specialist, client-focused solutions and we look forward to working together to develop our equine and livestock specialism further.”