Corporate Insurance Solutions are based in Lutterworth, and most of their clients are in the local and surrounding Leicestershire area. They are a commercial insurance broker with clients across all business sectors, with a niche specialism in the entertainment and leisure sector.
Corporate Insurance Solutions have been trading for 31 years and the company directors Paul Dockerty and Helen Dockerty – a well-respected husband and wife leadership team – will remain fully entrenched in The Needham Group within the Commercial Executive broking team.
All staff and the current office in Lutterworth remain in place as part of their “community broking” ethos.
This is Needham’s seventh acquisition since Neal Lowe acquired the business in 2000 and follows the successful integration of Inspire Insurance Services and their customers in November 2020 and most recently, the acquisition of Baldersons Insurance Services in April 2022.
Using a combination of organic growth and further acquisitions, The Needham Group’s ambitious turnover target is £20m+ GWP by 2025 with the business currently circa 85% commercial lines and 15% personal lines.
Neal Lowe, Managing Director of The Needham Group, comments:
“I am really pleased to have got this deal over the line before the end of 2022, and we warmly welcome all staff and customers of Corporate Insurance Solutions to the Needham family.
We’re pleased to have them on board, it’s a fantastic acquisition and a perfect fit for us.
We’d like to reassure everyone it really is business as usual for all staff and valued customers moving forward and I’m personally delighted that Paul and Helen Dockerty remain fully within the business bringing their vast expertise and enthusiasm with them.
A final thanks to Ataraxia, who own a stake in the Needham Group, for their acquisition support in 2022, including advice, funding, contracts and due diligence.”
Paul Dockerty, Director of Corporate Insurance Solutions, comments:
“From the moment we met Neal and his team, we were convinced that joining the Needham Group was the right thing for our business to help us grow and develop further, and our ambitions and business goals are closely aligned. We look forward to a successful partnership.”
