Regional Insurance Broker and Financial Planners Alan Boswell Group has been awarded Insurance Broker of the Year in the Finance Monthly Insurance Awards, which were announced at the end of last year.
Alan Boswell Insurance Brokers was founded by Alan Boswell in 1982, providing commercial and personal insurance to clients throughout Norfolk. It has now expanded to offer financial planning and risk management services, and has eight offices throughout East Anglia, Cambridgeshire, and Lincolnshire.
The Group has expanded through a mixture of organic growth and local acquisitions, including the purchase of Cambridge based broker S-Tech in 2016, and now has 380+ staff, over 70,000 clients, insurance premiums of £120m and funds under management of £1bn. They remain privately owned and independent, rare in the industry these days.
Last year saw the acquisition of ARW Wealth Management, while grants made by the Alan Boswell Group Charitable Trust, which was set up in 2019, exceeded £1.5m.
Alan Boswell, Executive Chairman, said “We’ve taken a less-trodden route to growth, preferring to focus on client needs and ensuring our service levels remain high. It’s a simple mantra; keep our customers happy so they stay with us and add a few new customers each year.
“I’m really pleased that we’ve been recognised with this award following a great year for the business. We look forward to seeing where the next 40 years takes us.”
2023 will see work on the head office in Norwich commence to increase floorspace, while a refit of the Cambridge Office will see S-Tech rebranded to Alan Boswell Group, strengthening the commitment to the city.
Image provided by Alan Boswell Group of their head office