MRIB Completes Acquisition


UNA Member, MRIB Group Insurance and Investments are delighted to announce the acquisition of Reading based insurance brokerage Independents.

MRIB Group was established in 1972 by Peter and Maureen Finch. Based in High Wycombe, Buckinghamshire, the company has developed into one of the UK’s top Chartered Insurance Brokers and Financial Advisers, offering Corporate Insurance, Private Client Insurance and Financial Services. From its early days of 2 employees and premises on Easton Street, High Wycombe, MRIB Group now boasts a workforce of nearly 50 talented people from the local area.

Independents, based in Winnersh, Berkshire, are specialists in insurances for the UK health and fitness sector. Established in 1999 by Frank Adebowale, they have become market leaders in insurance and risk management programs for the Gym, and Trampoline and Inflatable Parks Industries. Such is their expertise, the International Association of Trampoline Parks UK have chosen Independents as their UK insurance partner.

Frank Adebowale, the founder of Independents says “We see this new phase for the business as hugely exciting”. Frank will continue as a Non-executive Director and Consultant. Neil Adebowale, his son, will continue working within the business as a Director and will join the Operational Board at MRIB Group.
Both companies are Chartered insurance brokers, a prestigious status that is granted to less than 5% of those in the industry. Chartered status is a symbol of excellence and serves as a mark of trust with clients and business connections. It demonstrates that the organisations granted it are at the forefront of their profession.

Today’s news demonstrates the business’ commitment to expand into attractive, specialist insurance markets. The highly compatible business structures and cultures will create an attractive and competitive brokerage.

Edward Finch, Managing Director of MRIB Group says “I am incredibly excited to bring Independents into the MRIB Group team. We are looking forward to developing our offering and strengthening our position as an insurance broker of choice.”