Announcements

Ardonagh Advisory strengthens Ethos’ presence in Yorkshire with acquisition of PB Curran

04 July, 2023 |Advisory | M&A

Ardonagh Advisory today announces it has acquired PB Curran, an independent, family-run broker, specialising in commercial, landlords, farming and private clients insurance.

With more than 50 years’ experience in General Insurance, PB Curran has long-standing relationships in place with insurers and clients across the UK.

PB Curran was founded by Patrick Curran, Director Edward Curran’s father in 1961 and has grown over the years through a series of strategic acquisitions.

The business employs nearly 40 people and operates from three locations with headquarters in York, and two additional offices in Middlesbrough and Ossett.

On completion, PB Curran will join Ethos Broking, building its presence in Yorkshire and the North East of England together with Ethos brokers Schofield, Lockyer and BSIS. Director Edward Curran will continue to run the business day-to-day, working with Richard Tuplin, who leads Ethos Broking as part of his role as CEO of Advisory Insurance Brokers Limited (AIBL) and Alan Sumner, Regional Managing Director, Ethos Broking.

 

Richard Tuplin, CEO AIBL said:

“PB Curran’s long trading history, its diverse specialisms, and its access to a range of high-quality and competitive insurance products, will prove beneficial to our existing proposition, both within Ethos and the wider Ardonagh Advisory platform.

“PB Curran is a highly respected business that upholds traditional values with a commitment to client service at its core.

“We look forward to working with Edward and the team and exploring further opportunities to expand our footprint in York and surrounding areas.”

 

Edward Curran, Director, PB Curran commented:

“PB Curran is a family-run broker, with decades’ worth of experience, serving our clients and developing trusted relationships, so when it came to taking our next steps, it was incredibly important to make the right decision. 

“The opportunity presented by Ethos, was hugely compelling and we know that we will be able to continue to the run the business in a way that completely aligns with our values.

“During our initial discussions it soon became clear we had found the right partner, Ethos put their clients and staff at the centre of their business.

“Ethos represents a new chapter for PB Curran, and we’re excited by the many possibilities available within Ethos and the wider Ardonagh Advisory platform.”

 

Phil Bayles, Chief Commercial Officer, Ardonagh Advisory said:

“Ardonagh Advisory is always on the look-out for great businesses that can bring something a little different or enhance our existing offer. PB Curran is a brilliant example of that and I’m really pleased to welcome Edward and the team to Advisory.

“A key factor for us is around finding those businesses that share our ambitions and ways of working so that we can continue to collaborate across Ethos and the wider Ardonagh Advisory platform.

“We’re looking forward to welcoming even more businesses like PB Curran into the fold, so that together we can explore even greater opportunities for growth.”

 

ENDS

 

Notes to Editors


ETHOS BROKING

Ethos Broking is a collection of like-minded brokers that share similar values but retain their own DNA.

With over 750 colleagues across more than 30 offices around the UK, we pride ourselves on delivering a unique offering which is built on close relationships and aligned cultures, whilst at the same time providing our brokers with the tools to grow independently. That success is clearly demonstrated through the £348 million annual GWP that we generated in 2022. For more information, visit: www.ethosbroking.co.uk.

 

ARDONAGH ADVISORY

Ardonagh Advisory Holdings Ltd is The Ardonagh Group’s SME broking platform comprised of Bravo Networks, Ethos Broking, Footman James, Hera Indemnity, Lorega, Towergate, Towergate Health & Protection, Thompson & Bryan, Compass UK and Usay Compare brands.

With legacies which laid the foundations for the creation of The Ardonagh Group, these are advice-led, community-focused businesses with an unrivalled local footprint of experts across a wide range of sectors and specialisms, combined with national and international reach.

 

THE ARDONAGH GROUP

The Ardonagh Group is the UK’s largest independent insurance distribution platform and a top 20 broker globally. We are collection of best-in-class entrepreneurial and specialist brands with a network of over 200 locations and a combined workforce of more than 10,000 people. Across our portfolio, we offer a highly diversified range of insurance-related products and services across the full insurance value chain in the UK, Ireland and broader international markets. From complex multinational corporations to individuals purchasing personal insurance policies, our understanding of the communities we serve, together with our scale and breadth, allows us to work with our insurer partners to deliver a broad range of product and risk solutions that meet customer needs. For more information, visit our website: www.ardonagh.com.

 

PB Curran

P B Curran has crafted intelligent insurance solutions for private and commercial clients for over fifty years. Our success is rooted in our excellent relationships with leading insurers and our attention to providing high-quality customer care, establishing our reputation as a leading independent broker within the UK insurance market. PB Curran is run by a highly committed team of insurance professionals who pride themselves on delivering a knowledgeable and friendly service to all of our clients. For more information visit: www.pbcurran.co.uk

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