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kentro
Brown & Brown completes acquisition of Kentro
10th October 2023
Insurance broker, Brown & Brown, Inc. has completed its previously announced acquisition of Kentro Capital Limited into the operations of Brown & Brown Europe. London-domiciled Kentro is an insurance industry brokering group managing over £500 million of gross written premiums since its founding in 2008. Kentro companies, Nexus, Xenia, Millstream, Capstone Brokers and ... Read the full article
Brown & Brown to acquire Kentro Group by Q4 2023
23rd May 2023
J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., announced that the company has entered into an agreement to acquire Kentro Capital Limited. The transaction is expected to close in Q4 2023, subject to certain closing conditions, including the receipt of required regulatory approvals. The Kentro Group and its ... Read the full article
Kentro sees GWP jump by 19%
6th June 2022
Kentro Group is reporting a 19% increase in gross written premiums (GWP) between 2020 and 2021, according to its latest results. The firm said that it saw GWP jump from £307m to £367m in this period, while turnover turnover increased by 20.7%. Meanwhile, EBITDA increased by 14.4%. In a statement, Colin Thompson, ... Read the full article
Nexus Underwriting Management rebrands itself as Kentro
23rd February 2022
Nexus Underwriting Management has rechristened itself as Kentro Capital Limited. The London-based intermediary firm said that it and Xenia Broking will operate as ‘discinct, independent brands’ under the Kentro holding company. Colin Thompson will continue to lead Kentro as Chief Executive Officer. Tim Coles will remain Chief Executive Officer of Xenia ... Read the full article
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