Trawick International has entered into a sale and purchase agreement with Greenlight Insurance Services to acquire a controlling stake in the firm.

Greenlight Insurance, established in 1996 by brothers and vehicle enthusiasts Tony and Neil Fehily, provides cover for high-performance, cherished, collectors, motorsport, and modified vehicles. The company also provides motor insurance cover to expatriates, under their Eaglesure brand.

Greenlight joins the Trawick family of companies operating worldwide which includes Trawick International (US, Canada, UK, Europe, and the Cayman Islands), SureGo Administrative Services, and Tuman Global Solutions.

Daryl Trawick, president and CEO of Trawick International, said: “Trawick is in an unprecedented period of expansion. Investing in Greenlight helps accelerate the company’s strategy of growth and diversification, and I am thrilled that the remarkable team at Greenlight was open to a partnership. Their business interests and innovative culture align with ours, and the affiliation is certain to be mutually beneficial.”

Tony Fehily, managing director at Greenlight Insurance, added: “I am delighted that Trawick International has taken an interest in Greenlight. We believe the partnership will strengthen Greenlight’s market position and create many opportunities in the future. Due to the complementary nature of our two businesses, it was an easy decision for us to join forces with Trawick and I look forward to our future endeavours together.”