Thomas Carroll Group Acquires Monmouthshire Insurance Services

Leading insurance broker, the Thomas Carroll Group, has bought Monmouthshire Insurance Services Ltd, a commercial insurance provider and a subsidiary of Monmouthshire Building Society Group.

With more than forty years’ experience in the insurance industry, Thomas Carroll Group is one of the UK’s key independent, commercial and personal insurance firms and its Chief Executive Officer, Rhys Thomas, said: “We are delighted to acquire the established business of such a well-respected insurance provider. Monmouthshire Insurance Services represents a perfect fit for our organization.

“The acquisition will ensure the same high levels of ongoing support and expert industry knowledge that their customer base have come to expect.”

Betsan Powell, Director and Joint Head of Corporate at JCP Solicitors, acted for Thomas Carroll throughout the process.

She said: “JCP’s commercial team has a long-standing and valued relationship with Thomas Carroll and we were pleased to be able to work with them on this important acquisition."

“It is good to see Thomas Carroll expand its business with this strategic acquisition and we wish them continued success.”

Betsan is a company and commercial specialist with extensive expertise in corporate transactions, including sale and purchase, joint ventures, equity investments, shareholders and partnership agreements.