Specialist Risk Group (SRG) has acquired the ongoing renewal rights of Morton Insurance Brokers (MIB), further enhancing its offering in the UK taxi insurance market.
Based in London, MIB has provided insurance solutions to private hire and taxi businesses in the UK since 1987.
The company says the move aims to leverage MIB’s expertise in this niche market to complement SRG’s existing capabilities in the taxi sector, particularly through its subsidiary Cabsurance, focused on London Black Cab insurance.
Lee Anderson, group deputy CEO at SRG, comments: “This acquisition allows us to further expand our footprint in the UK taxi sector, building on the success of our Cabsurance offering.
“By bringing together the expertise of Morton and Cabsurance, we can provide even more comprehensive and tailored insurance solutions to taxi operators across the country, ensuring they have the protection and support they need.”
Adrian Morton, managing director at MIB, says: “This marks an important step for our clients, as we look forward to working with the Cabsurance team to develop a leading taxi proposition for fleets and drivers across the UK.”
