Independent reinsurance broker R K Harrison Group has completed the acquisition of Mercury West Associates (MWA), the specialist broker for high net worth clients, following due diligence and the approval of the transaction from the Financial Services Authority.
MWA managing director Katie Small will join the management team of R K Harrison Insurance Services, the UK retail arm of the R K Harrison Group, and maintains management responsibility for the development of MWA.
Small said that the high net worth sector now extends way beyond house contents and motor insurances traditionally associated with the sector. Clients expect a wide range of products and services specially designed around their lifestyles. They are used to the best. R K Harrison’s broad based expertise will appeal to MWA clients.
R K Harrison Insurance Services managing director Stuart Rootham said that MWA brings motor expertise as well as the opportunity to offer their broader expertise to new clients in the entertainment and professional sports industries.