Brown & Brown (Europe) Ltd has agreed to acquire Kent-based managing general agent Pardus Underwriting Limited, which specialises in property owners and commercial combined products. In addition to its headquarters in Cranbrook the MGA also has offices in London.

Pardus was established in 2013 by chief executive officer Keith Thompson and chief underwriting officer Darren Stockman. The founders and existing team will remain in place and continue to operate form their existing locations following the acquisition, which is subject to regulatory approval.

Clive Nathan, chief executive officer, underwriting of B&B Europe, said: “We’re delighted to welcome Pardus into the underwriting division. Their commercial combined expertise enhances our product suite and brings fresh capability that we know our broker partners want.”

Thompson added: “We’re proud of what we’ve built over the past decade, and this partnership gives us the platform to accelerate our growth while continuing to deliver specialist products and exceptional service to our brokers and clients.”