Kingfisher Insurance (Kingfisher) is delighted to announce the acquisition of specialist motorsport insurance broker REIS Motorsport Insurance (REIS). The acquisition reinforces Kingfisher as one of the UK’s leading providers of specialist insurance and forms part of its strategy to grow both organically and through acquisition of high-quality businesses delivering specialist products to niche markets.
The acquisition of REIS complements Kingfisher’s established motorsport offering which is focused on meeting the needs of motorsport teams, competitors, event organisers and enthusiasts at all levels.
REIS has been operating for more than 15 years in the motorsport market bringing unrivalled knowledge and experience. It has built a highly experienced team who understand the nuances of the motorsports market and are highly regarded by their clients, the majority have been insured by them for many years.
Jacquie Boast, Chief Executive Officer, at Kingfisher Insurance commented:
“We are delighted to welcome the clients and employees of REIS Motorsport Insurance to the Kingfisher family. With this acquisition we can offer a wider choice of motorsport insurance products to the market. The REIS name is well-known for its expertise in the industry but also for its genuine passion for the sport and makes it an important addition to our group.
“The acquisition aligns with our strategy to become the leading specialist insurance provider in the UK and the REIS staff add further depth and experience to our existing and expert teams in other niche sectors.”
Mary Singleton, Senior Operations Manager at REIS Motorsport Insurance added:
“We are excited to be joining the Kingfisher team and are looking forward to continuing to deliver excellent products and service to our clients. Motorsport insurance can be complex with many variables to consider so it’s fantastic to be part of an organisation that is dedicated to, and truly understand, specialist insurance. With Kingfisher’s support we aim to grow our market presence, increase our client base and offer additional products to our suite of specialist market leading capabilities.”
To find out more about REIS Motorsport Insurance, please visit: www.REIS.co.uk