Bspoke Group has completed the acquisition of parts of the personal lines elements of the Police & Forces Mutual businesses, Police Mutual Healthcare and Police Mutual General Insurance, from The Royal London Mutual Insurance Society Limited. The move sees around 250,000 general insurance policies and 16,000 healthcare policies transfer to Bspoke.
Tim Smyth, CEO of Bspoke Group, said: “This is a high quality, well managed book of business which is both profitable and with high retention rates.
“We also access an experienced, well-respected 140-strong team, led by Kerry McMahon White, managing director, and Phil Hall, commercial director.”
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