Isle of Man News last updated 20 September 2017 18:18:58

SMP Partners to expand in Cayman

SMP Partners to expand in Cayman
POSTED Tue at 8:56 pm by LC

SMP Partners Group, which is headquartered in Douglas, has entered into a purchase and sale agreement to acquire the book of business and certain...

Edgewater grows General and Commercial Insurance book with acquisition of Balla Brokers

POSTED Tue last week

Edgewater Associates Limited (Edgewater) is pleased to announce that it reached agreement on 31st August 2017 with Balla Brokers (Insurance Services) Limited (Balla Brokers) to acquire the latter’s book of around 1,000 Isle of Man-based insurance clients. This is the third acquisition for the company in the past 12 months, with MBL Financial and Lasenby Knox coming under the Edgewater brand in December 2016 and March 2017 respectively. Following the death of Director Robert (Bob) Trimble in February 2017, the remaining members of the Balla Brokers team have worked tirelessly to ensure that clients will continue to receive the high-level of service that Bob had provided over many years. It was with this goal in mind that they approached...

Robinson’s looks to the future with new Board line-up

POSTED Tue last week

Robinson’s, the family-run food services retailer and wholesaler, has unveiled a series of Board appointments which signal confidence in the future of the business. The restructuring formalises a number of changes which have been taking place organically over the last couple of years as the business has continued to grow in scope and stature.  With effect from 11th September 2017, John Horsthuis will be Chairman, and Janna Horsthuis will take up the role of Managing Director. As Group Operational Director, Matty Mathieson-Nelson will oversee all areas of operational developments, while Ross Williamson will become Retail Director, joining Noel O’Reilly and Tony Horsthuis in running the retail arm of the business.  From humble beginnings – a...

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