We are delighted to announce that One Broker Ltd has acquired 100% of the share capital of P J Weller & Son Ltd with immediate effect.
One Broker Ltd already owns KTIB (Knowlden Titlow Insurance Brokers Ltd) in Norwich and NWBIB (formerly NW Brown Insurance Brokers Ltd) in Cambridge and looks forward to the exciting opportunities which lay ahead with P J Weller & Son Ltd.
PJ Weller & Son Ltd is based in Barking, Essex and was founded by Percy Weller back in 1903 making it the longest established independent insurance brokers in the UK. From humble beginnings covering horses and carts, their clients today range from international software designers to major property developers. They are also are a leading supplier of taxi insurance.
Commenting on the new acquisition Allison Leiper & Fay Cooper, previous owners of P J Weller & Son Ltd said "P J Weller & Son Ltd has been established for over 100 years, but we believe the time has come to let it flourish under new ownership. We are confident that under the One Broker Ltd umbrella the business will go from strength to strength".
Allison Leiper will remain as a director of P J Weller & Son Ltd.
Robin Plaster, CEO of One Broker Ltd continued "We are absolutely delighted with the recent acquisition of PJ Weller & Son Ltd and with it, a slice of insurance broking history. This acquisition pushes the groups GWP past the £30m mark and we have no intention of slowing down...next stop £40m!"
For more information on P J Weller & Son Ltd and the services they provide, please visit www.pjwib.co.uk
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NWBIB is a trading style of NWBIB Ltd | First Floor, 8200 Cambridge Research Park, Beach Drive, Cambridge CB25 9TL | Registered in England and Wales No. 01149934 | Registered Address: Lakeside 300, Old Chapel Way, Broadland Business Park, Norwich NR7 0WG | Authorised and Regulated by the Financial Conduct Authority
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