Shape Underwriting, today announces its acquisition of Protect Underwriting LLP (“Protect”), a specialist underwriting business. This transaction marks Shape Underwriting’s first acquisition since its rebranding and reinforces its ambition to become a leading force in the specialty market.
Protect Underwriting is well known for its Private Client High Net Worth business, which has consistently demonstrated strong underwriting performance sustained growth and positive market recognition.
Mandy Hunt, Managing Director of Shape Underwriting, commented: “Protect brings exceptional underwriting expertise and a strong track record. Their focus on quality and sustainable growth fits perfectly with our strategic direction. This acquisition marks a significant step in Shape’s evolution and broadens our reach.”
Jonathan Rouse, Managing Partner at Protect Underwriting LLP, added: “We are excited to join Shape Underwriting. This partnership will allow us to invest in our Underwriting team, matching our growth plans and deliver ongoing improvements to our broker service with greater access to our Underwriters.”
