Partners& Restructures General Insurance Division to Drive Organic Growth
Partners&, a leading insurance brokerage, has announced a significant restructuring of its general insurance division. The move involves the creation of nine new roles across client management, business development, and integrations sectors, marking the latest step in the company’s rapid expansion since 2020. During this period, Partners& has made over 100 internal promotions, demonstrating its commitment to internal talent development.
Phil Barton, Partners& Group CEO, explained the rationale behind the restructuring, stating, “Our intention is to create a renewed focus on organic growth. The start of the new financial year is an ideal time to put a structure in place that will set us up for success.” Barton emphasized that the company’s strategy has always been centered on blended growth, combining organic development with mergers and acquisitions (M&A) based on market conditions and legislative changes.
The decision to focus on organic growth in 2025 comes after a significant M&A period in 2024, driven by changes to capital gains tax that prompted many business owners to consider their options. According to Insurance DataLab’s 2024 report on M&A in the broking sector, over 100 deals were completed in the last 12 months, with the North West region emerging as a key area of activity, accounting for more than 10% of all deals.
Barton believes the restructuring will enable Partners& to provide a more comprehensive client offering. “The colleagues stepping into these new roles will lead our teams to deliver the care, advice, and support that clients deserve as they navigate current economic challenges,” he said. The company aims to be at the forefront of providing risk management advice to businesses, addressing concerns such as economic and financial challenges, cyber threats, and people-related risks.
Industry research supports the need for such focus. A 2024 study by Marsh McLennan identified economic and financial challenges (43%), cyber threats (39%), and people-related risks (38%) as the top concerns for UK businesses over the next 12 months. Matthew Hill, CEO of the Chartered Insurance Institute, highlighted the importance of improving customer service, particularly in claims handling and fair pricing.
Barton’s ambitions align with these industry concerns: “Our goal is to deliver high-quality, seamless advice to our clients and be an exemplar in the industry.” With this restructuring, Partners& is positioning itself to better support its clients while driving organic growth in a challenging market environment.
