TIB acquires specialty broking business, Numark Insurance Services.

Tasker Insurance Brokers (TIB’s) continues to grow and develop their specialist risks division with the acquisition of Numark Insurance Services (NIS), a division of BGP. The Pharmacy affinity relationship with Numark, the largest membership organisation for independent pharmacies in the UK, a division of Phoenix Healthcare Distribution Ltd, the largest Pharmaceutical supplier in Europe, further strengthen TIB’s retail proposition in specialist affinity areas.

 

The Gloucester based team, led by Ian Smith, will form part of the specialist retail broking division within the broader retail business.

 

This division, which provides bespoke insurance and risk management solutions for pharmacy businesses, adds further depth to TIB’s specialist broking division which already includes Professions (Tasker Professional Risks),  Medical and Healthcare Professions (via the Enhance brand), Tour Operators and Travel (Travel Risk Professionals) and Technology and Life Sciences (Tasker Technology Risks). The acquisition also extends TIB’s footprint into the West, already having hubs in the South, North West, East, Midlands, South East and at TIB’s head office in London.

 

Speaking of the acquisition TIB MD, Robin Thomson, said “Tasker Insurance continues to develop it’s clear vision and build our specialist broking capabilities in the areas of technology, life sciences, PI, financial lines and medical malpractice in addition to extending our regional retail broking footprint. We will continue with our strategy to both grow organically and by acquisition”.

 

Robert Organ, Tasker Insurance Group CEO also commented, saying “Ian Smith is undoubtedly a recognised specialist within the Pharmacy sector and I am delighted that he agreed to join us to drive this important proposition forward.  Having chatted with the team at Phoenix and Numark, he is clearly very well respected, both by them and within the marketplace.  He and his team will be a real asset to our business and I was delighted to welcome them onboard”

 

Ian Smith, Commercial Director of Numark Insurance Services, said “I am personally very excited to be joining Tasker Insurance.  It is a fast-moving business with a clear vision and a real focus on its clients and people.  I know that both the team and I will thrive in this environment and be able to successfully grow and develop individually and professionally.”

 

The acquisition will see the business and the team remain in the Gloucester area.

 

TIB continues to grow with a key focus on acquiring broker businesses and attracting talented individuals who are interested in becoming part of a dynamic and empowering business.

 

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