Brown & Brown Europe, a division of global insurance brokerage Brown & Brown, has expanded its UK operations with the acquisition of Stewart & Partners.  

The deal, the terms of which were undisclosed, saw Brown & Brown Europe acquire 100% share capital of Oxlea Investments, trading as Stewart & Partners. 

It is expected to enhance the company’s service offerings in commercial and personal lines insurance. 

Kent-based Stewart & Partners, established in the 1960s, will become part of the Green Insurance Group (Greens), Brown & Brown’s retail broker.  

The acquisition includes the transfer of all team members including senior leadership to Greens. 

Shaun Hetherington runs the acquired company alongside fellow director Neale Huelin. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Stewart & Partners will continue to operate from its existing office in Welling, Kent.  

Brown & Brown has confirmed that all necessary regulatory approvals for the transaction have been received. 

Greens chief executive Duncan Coleman said: “Stewart & Partners is the epitome of a well-run, customer-centric community broker. I have been impressed by the team’s dedication to customer service across their portfolio, and I am confident they will make an excellent contribution to Brown & Brown in the future. 

“I am keen to help director Shaun Hetherington and his team expand their customer base in Kent and beyond, including in south-east London, and of course, they will benefit from the extra resources and firepower we can provide.” 

Hetherington said: “I have been part of Stewart & Partners since 1994, trading as an independent broker and building up a loyal customer base. The opportunity to become part of Greens and the wider Brown & Brown team was too good to miss, and we are all very excited about the future. 

“There is no doubt that our customers will benefit from the additional capabilities, products and services we will be able to provide as part of Brown & Brown, and Duncan and his colleagues are hugely supportive of our exciting future growth plans.” 

In December 2023, Brown & Brown Europe acquired R McGee Insurance Brokers, a family run broker established in 1974 and based in Maesteg, Glamorgan.  

Like Stewart & Partners, R McGee specialises in personal and commercial lines insurance.  

This acquisition came shortly after Brown & Brown Dealer Services acquired ABS, which includes ABS Risk and ABS Operations.  

US-based ABS is a warranty product administrator with more than two decades of experience in the automobile aftermarket.