Mason Owen Group acquires Wirral-based insurance brokerage

Mason Owen Financial Services is part of the Mason Owen Group, which also includes a commercial property consultancy, and has taken over Business Insurance Services

20 Chapel Street
Mason Owen Group is relocating to 20 Chapel Street in Liverpool city centre

 

Liverpool’s Mason Owen Financial Services has acquired Wirral-based insurance brokerage, Business Insurance Services, for an undisclosed sum.

Mason Owen Financial Services is part of the 50-year-old Mason Owen Group, which also includes a well known Liverpool and London-based commercial property consultancy. Business Insurance Services operates from an office in Bebington.

Mason Owen Group chairman and principal owner, Barry Owen, said: “We are delighted that the Business Insurance Services team are joining the Mason Owen Group. We share an ethos in terms of how we look after our tremendously loyal clients, which can only bode well for our future together.”

This is the first acquisition made by the group in the insurance space and the founder and former joint owner of Business Insurance Services, John Hudson, added: “We have been seeking the right partner for some time in order to take forward the tremendous foundations that we have within our business, whilst at the same time retain the independence and flexibility that we have that has served our clients so well over the years.”

The acquisition follows the move of the insurance and property consultancy businesses from the long time offices at Gladstone House to the new, more modern location at 20 Chapel Street, a flagship office building in the centre of Liverpool.

Andrew Gibbons, managing director of Mason Owen Financial Services, also said: “This acquisition continues an exciting year of change for the business and the expansion will only improve the service that we can provide to our clients.”

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