Leeds-based Bspoke Insurance Group Ltd has announced it is to acquire London-based Miramar Underwriting Ltd, subject to regulatory approval. Miramar is a managing general underwriting and focuses on property owners’, non-standard residential, unoccupied property, and other commercial and residential property classes. It was founded by Jeff Turner and Tim Simpson in 2009.

Tim Smyth, CEO of Bspoke Group, said: “Miramar is a quality business with the particular kind of niche specialism that aligns with our strategy and will be an excellent fit for the Bspoke Group portfolio. I’ve known Jeff for 30 years and have the utmost respect for his underwriting expertise combined with an astute trading mindset.”

Turner added: “We have been impressed by the vision and strategy for the Bspoke Group, who we believe will prove excellent custodians for our brand, the team and our clients for the future.”

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