An award-winning Midland insurance brokers opened the doors on its latest expansion this month with new premises in Leicester.

Gravity Risk Services Ltd officially opened the new business on January 4 as part of a £1million expansion.

The Black Country-based firm has premises in Dudley and Bradford but the new move is set to create jobs and investment in the area from the new base in Syston.

The launch is part of the company expanding its award-winning brand into Leicestershire, East Anglia, Nottinghamshire, Lincolnshire and Northamptonshire.

The move will initially create two new jobs – rising to six.

Richard Gibson, Co-Owner and Regional Director, formally of local insurance broker Blythin and Brown and Towergate Insurance, brings 30 years of experience in the industry will head up the new arm of the business.

Kelly Lawrence a former employee of Blythin and Brown and Towergate Insurance also joins him as an Associate Director who will be in charge of General Operations.

Between them they have over 45 years experience managing SME and corporate clients.

Richard said: “Gravity Risk Services Ltd is a fast moving and successful business, so I am delighted to now be part of the ongoing expansion of the business. There is a significant opportunity to develop a strong regional presence in the area.

I’m very pleased and proud to be heading up the new Leicester branch and taking the business to new customers across the country.

The news follows the opening of a branch in Bradford in July last year, to add to the original premises in Dudley, West Midlands – all achieved within just five years of setting up the business.

It caps a remarkable run for the company which was nominated in two regional insurance awards last year. Gravity Risk Services Ltd was a finalist in the Broker of the Year award in the West Midlands Insurance Institutes Awards and also Claims Initiative of the Year. The company won the Broker of the Year award in 2014 and was a finalist the following year.

The new Leicester branch in Syston will trigger a growth in the premiums the company handles by £1million as part of the expansion blueprint for 2018.