iRevolution Group secures £9m from investment fund

money-hand-invest

The Manchester-based broker has said it will use the funding from alternative lender Boost&Co to fund its recent acquisition as well as future ones.

iRevolution Group has secured an investment of up to £9m from an alternative lender and independent asset manager, Boost&Co.

The broker said the funding would accelerate the organisation’s growth strategy, and it would be used to support the insurer’s recent and future acquisitions.

Last month, iRevolution Group acquired motor insurance broker BG insurance as it furthered its plans to achieve £100m in the next five years.

Specialising in niche motor-insurance markets such as couriers

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

FCA trims broker fees hike to 9.3%

The Financial Conduct Authority has confirmed it is raising the financial contribution of the general insurance mediation fee block by 9.3% for 2024/25, down from its initial projection of a 9.8% increase.

Trudgill: One year as Biba CEO

Graeme Trudgill, CEO of the British Insurance Brokers’ Association, looks to tackle challenges facing brokers as he celebrates a year in the role.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: