Radius is really pleased to announce the acquisition of Milestone Insurance Consultants and Signature Underwriting based in Leeds, England. This acquisition really strengthens the current Radius insurance business, adding both new customer verticals as well as a new geographical base.
Bill Holmes the Radius CEO commented “Insurance is a really important long term market for us and this acquisition gives us more scale and capability to add to the base we have been building organically over the last 12 months.
Milestone is a specialist in taxi and courier insurance which has a strong overlap with the Radius customer base and really enhances our overall insurance product offering.
Our expansion into wholesale broking through the acquisition of Signature means Radius can write business on behalf of an underwriter which will give us greater flexibility to integrate our telematics products with insurance.”