First Acquisition For Prosura

Prosura, the business and lifestyle insurance broker has announced its acquisition of First Stop Insurance Brokers.

The move by Prosura, which is based in Wakefield and just eleven months into its first year of trading, signals its ambition to become a home for independent, Yorkshire brokers to sell to when retiring from the business.

Jon Newall, CEO at Prosura, comments:

“To be able to announce the first acquisition for Prosura, so early in our own journey, is testament to our growth and market success; this has strengthened our desire and given us the confidence to bring forward our longer-term growth strategy.”

Jon Newall CEO Prosura

Jon Newall
CEO Prosura

The Bravo Network Supports First Acquisition For Prosura

This first acquisition for Prosura,  which will enhance competitiveness and increase the company’s capacity, has been supported by the team at The Bravo Network; it will see the clients and assets of First Stop Insurance Brokers, which is based in Sheffield, integrated into Prosura.

Philip Scoffield, Managing Director at First Stop Insurance Brokers, comments:

“When Jon approached me about acquiring my brokerage, the first thing that I did was take a look at how Prosura operates. I wanted to know that my clients and team would be in good hands.

“I couldn’t have asked for a better fit. We are like-minded and share the same values. For me, knowing that my clients will continue to receive good independent advice and that my employees have continuity, means a great deal.”

Philip Schoffield

Philip Schoffield

Jon adds:

“Independent brokers are important for the insurance industry. Those who are looking to retire must be offered a viable alternative to the consolidators operating nationally and I am passionate about becoming just that.”

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About Prosura

Prosura is a business and lifestyle insurance broker that simplifies the complexities of insurance.

Prosura is more than just an insurance broker. Firstly, they are an experienced team. Secondly, they combine the highest levels of customer service and advice with finding the right, cost effective policy. Ultimately, they protect your most valuable assets.

Operating locally and throughout the UK, Prosura supports businesses of all sizes and sectors including manufacturing, distribution, property, and leisure and hospitality.

Most importantly Prosura tailors its offering to meet both business and personal needs. In addition, to provide further value for its customers, Prosura also includes its free ‘lawyer in a box’, a digital legal service for customers.

The Prosura team is based in Wakefield.

Check out the latest news on the Prosura news page.

About First Stop Insurance Brokers

First Stop Insurance Brokers, has been trading in Sheffield for over 14 years. The business operates locally and supports both personal and business insurance needs through a friendly, personal approach to service.