Overview and key points
Partners& has announced the acquisition of 3 Dimensional Insurance Limited (3DI), a property-focused Lloyd’s broker based in Upshire, Essex. The move is in line with its strategy to create a leading multi-faceted insurance group focused on the UK market, building on its retail broking, employee benefits, underwriting and loss adjusting capabilities.
3DI combines the expertise of their team with imaginative use of technology to provide meaningful advice to clients and enhanced presentations to insurers.
The team of nine will move to Partners& and establish the Group’s presence as a Lloyd’s broker.
Phil Barton, Partners& Group CEO said:
“3DI has an excellent reputation in the market as an expert in their field. This acquisition represents our first step in building our Lloyd’s broking business, which we see as a valuable part of our overall proposition, supporting and complementing our retail broking and underwriting businesses.
“Having invested time in getting to know Haydn and Keith, I have been impressed by the team’s commercial acumen and progressive thinking, which mirrors our own entrepreneurial growth mindset.”
3DI’s Joint Managing Partners, Keith Langton and Haydn Hertz, share Phil’s vision to challenge the insurance industry to deliver better client advice and service. “Our aim is to support clients to find the right solutions for their clients’ businesses – and we’re using the best technology to do this. We’re excited to be part of a larger entity that still thinks of itself as a smaller, agile business focused on the needs of clients.
“This will be an excellent home for our team, and the right move for our clients.”