Shrewsbury insurance brokers looking to grow again in 2014

A year after relocating to the town centre, Shrewsbury based insurance services and risk management consultancy Beaumonts Insurance Brokers is looking to grow again.

The company, which also has offices in Bradford, Doncaster and Leeds, moved to Lower Claremont Bank in January last year and is expecting to begin recruiting early in 2014.

The steady expansion is built on progress made since acquiring the former Kingsland Robart business in 2011 having spotted a local need for a centrally-based full risk management consultancy, rather than a traditional broker.

Beaumonts sees its approach to people and building genuine partnerships with clients as one of its key reasons for success and with the business growing 24% per cent over the past 10 months, purely from winning new clients, will be looking to build its team with like-minded professionals who understand the importance of this differentiating factor.

Beaumonts has a mix of respected insurance experts with a history in Shrewsbury and new-to-the-town specialists who come with their own depth of experience from working elsewhere.

Account Director Phil Dodd, previously branch manager of Aon, in Shrewsbury, said: “I like the culture at Beaumonts. It’s one of the reasons I joined. It is one of transparency and sharing information with the client, who we see at least every quarter. We actually want clients’ premiums to be lower. That’s better for them and backed up by good service, it means they’ll stick with us.”

As well as a bright future it means there is never a dull day for the partners and staff and Beaumonts – as theirs is a world delving into risks associated with everything from running large motor fleets, managing sub-contractors working on major building projects, to hazards associated with food distribution and much more.

“The nature of our customers’ businesses means they will always generate claims,” said Divisional Director Ben Harrison. “Where we come in is advising them on their risk management and should something untoward happen supporting them through the claim. Claims is our largest department.”

Ben said they put power into the hands of their clients by providing detailed claims information all year round. This enables them to make risk management decisions as they go along, rather than hitting them with a claims history at the last minute.

He said: “Too often we speak to new prospects who have no knowledge of claims costs and yet this directly impacts the balance sheet, particularly with employee injury and motor claims. We provide the information and a strategy to reduce these costs.”

With £40 million worth of premiums placed annually, Shrewsbury is the ‘southern’ office of the group, covering Shropshire, Herefordshire, Worcestershire and the West Midlands.