Stackhouse Poland purchases indemnity insurance broker

Bespoke insurance provider Stackhouse Poland has recently announced the purchase of a professional indemnity insurance broker for an unknown sum.

Plexstar Insurance Services, trading as  Allison & Partners, was acquired by the commercial insurance provider adding a fifth location in the South East and London.  Maldon, Essex-based Allison & Partners was founded originally thirty-three years ago and focuses on surveyors, IT, and recruitment business liability insurance.  Stackhouse Poland has retained all Allison & Partners staff.

With this new acquisition Stackhouse Poland has shattered through its £50 million gross written premium barrier. Additionally the firm has both HFM Columbus Insurance Services and Green Park Insuance Services, two specialist joint venture services that specialise in providing insurance to wealthy commercial property owners and private clients.

Allison & Partners founder Jim Allison, who has retained his position with the company, stated that he had found it of the utmost importance to find a successor firm that meshed well with the existing cultural services ethic at Allison & Partners.  The firm wanted any new owner to look over its existing clients with the same level of advice and personal service that Allison & Partners has provided to them in the past.

Mr Allison stated that the high service standards that Stackhouse Poland possessed made it a perfect fit for Allison & Partners moving forward.

Jeremy Cary, managing director for Stackhouse Poland, stated that the firm’s strategy remained focused on facilitating strong growth in an organic manner in its chosen sectors through the acquisition of companies that shared operational philosophies with Stackhouse Poland.  Mr Cary remarked that the advice and relationship driven approach of Allison & Partners was a perfect fit for the sectors in which Stackhouse Poland operates.

The managing director added that everyone at Stackhouse Poland was looking forward to beginning to work together with the Allison & Partners team.

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