Gravity Risk Services Ltd takeover move is out of this world

A major expansion plan at a Black Country firm of insurance brokers is gathering pace after bosses announced the transfer of a leading industry light to its business.

Gravity Risk Services Ltd announced the transfer of Hagley Insurance Brokers into its business.

This follows the opening of a Leicester branch last year and the expansion in the northern region.

This latest move will bring in a team of five from the Hagley business which has been running from the Worcester Road premises for the past seven years.

Following the merger in November, Gravity Risk Services Ltd will employ 30 people across the country.

Dale Collett, director at Gravity Risk Services Ltd, said:

“Hagley Insurance Brokers is an established business with an excellent
reputation and more than 100 years of experience combined.

“We all share the same high values in providing the very best service to our
clients. This arrangement will also allow us to work closer with KRD financial
advisers to support our clients with extended services.”

A spokesman for Hagley Insurance Brokers, said:

“This is a very good move for us and we’re looking forward to working with
Gravity Risk Services Ltd. Gravity Risk Services Ltd has an excellent reputation in the industry with their extensive
market access and wide range of services. It is good news for our clients.”

Gravity Risk Services Ltd won the Growth Strategy of the year award 2018 at the Broker Network Conference Awards in October last year. The company won Broker of the Year award in 2014 and was a finalist in 2015 and 2017.

Last month the business brought in six new faces at the firm including three apprentices as it bolstered its commitment to “invest in youth”.

Hagley Insurance Brokers is the trading division of KRD Financial Advisors.

Pictured: Dale Collett, director at Gravity Risk Services Ltd with Matt Slater, director at Gravity Risk Services (West) and David Jones and Kevin Bissell from Hagley Insurance Brokers.

Gravity Risk Services Ltd has again been awarded Chartered Insurance Institute status, recognising its commitment to very high technical competence and qualifications, adoption of the code of ethics and a strong commitment to developing knowledge and skills. Put simply it makes us a national leader in our field when it comes to quality insurance advice and support.