Prestige Insurance Holdings is on the hunt for investment opportunities in independent brokers and is offering options ranging from full acquisitions to phased transitions by way of partial investment to firms in Great Britain, Northern Ireland and Ireland.

Prestige is based in Northern Ireland and was founded in 1973. Earlier this year AUB Group Holdings Limited took a majority stake in the business.

Julie Gibbons, managing director of broking at Prestige, said: “We know that independent brokers have built their businesses over many years and that their clients and teams are hugely important to them.

“We want to work with brokers who share our values and people centred culture and are looking for the right next step for their business. That might be someone thinking about retirement or succession, or an owner who wants to reduce some of the regulatory and compliance pressures while giving their business access to greater resources and insurer relationships.”

She added: “Continuing to trade under an existing heritage brand managed by existing owner and managers supported by our investment is absolutely an option.”