Amlin acquires stake in second UK broker
14 August 2008
Amlin, the leading specialist non-life insurer, announced that it has acquired a minority shareholding in independent UK broker, T L Dallas Group Limited. Through such investments, Amlin aims to develop its existing longstanding business relationships with selected UK retail and wholesale brokers and thus expand and enhance the product range available to their clients.
T L Dallas, founded in 1919, is one of the leading independent commercial insurance broking groups in the UK and operates from offices in Bradford, London, Manchester and Lerwick.
Colin Dallas, Chairman of T L Dallas said, “We have worked with Amlin for many years and greatly value their underwriting expertise. We look forward to jointly developing new business lines including SME property and are confident that this closer relationship will prove beneficial to our UK retail client base.”
Charles Philipps, Amlin Chief Executive commented, “Following our recent similar investment in Miles Smith, we continue to broaden our UK distribution through selective partnerships with high quality brokers.”
