Overview and key points
Partners& has acquired STP Risk Solutions, a chartered insurance broker from Hull. The move is in line with the Partners& strategy to build its business by bringing in talented individuals and teams, with specialist skills and expanding its geographical footprint.
STP Risk Solutions, founded by Richard Storey in 2016, is a general insurance broker with a specialism in property, which will bolster the Partners& property practice. The team of five will join colleagues from Leeds and Durham to from a strong presence in the North East for the group.
I liked Richard from the moment I met him. He’s developed a well run, solid business with a great team. From a cultural, values and client perspective, Richard and the team will blend in nicely to Partners&. We’re thrilled they’ve chosen Partners& as their home.
Richard said: “From the moment we met Phil Barton and Simon Haynes, we knew this would be the right move for us. It’s not easy for a smaller broker to navigate the challenges in our market and continue to grow, but with the support from the wider Partners& business, I’m confident we can realise our ambitions.”
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