Specialist Risk Group (SRG) has agreed to acquire Kennett Insurance & Risk Management, subject to regulatory approval, as part of its ongoing expansion across the North of England and continued investment in its UK Retail platform.
Kennett Insurance & Risk Management operates from offices in Hull and Leeds and brings established local presence and experienced teams that further strengthen SRG’s regional footprint. The acquisition reinforces SRG’s long-term commitment to building specialist, locally led businesses supported by a broader national and international platform.
Kennett has built a strong reputation for client service and expertise across a range of complementary industries, including the service sector, construction, manufacturing, property, motor fleet, motor trade, and logistics, alongside a number of niche and community-focused sectors. These areas closely align with SRG’s specialist focus and enhance the breadth of its UK Retail offering.
Following completion, Kennett will join SRG’s UK Retail pillar. Clients will continue to be supported by the existing Kennett team, while gaining access to SRG’s wider expertise and resources.
Lee Anderson, Group Deputy CEO of Specialist Risk Group, said:
“The acquisition of Kennett Insurance is another important step in the continued development of our UK Retail business in the North of England. We are deliberately building scale rooted in specialism, strong regional presence, and high-quality teams. The Kennett team brings expertise in sectors that matter to SRG and a team whose values and approach align closely with our own. We are delighted to welcome them to the Group.”
Daniel Schofield, Managing Director of Kennett Insurance & Risk Management, added:
“Joining Specialist Risk Group marks an exciting next chapter for Kennett. SRG’s commitment to people and long-term growth makes it a natural home for our business and our clients. This partnership allows us to retain our client focus, while benefiting from the scale, support, and opportunities that come with being part of a wider group.”
The transaction forms part of SRG’s broader strategy to expand its UK Retail presence while strengthening sector expertise and regional capability across its businesses.
