GOAT Insurance, a UK-based commercial insurance provider, has announced the successful acquisition of the full book of business from IGG Insurance, marking the company’s first strategic acquisition and the launch of its broader expansion plan across the UK.
This move signals a key milestone in GOAT Insurance’s growth strategy, as it positions itself to scale operations and broaden its client base. As part of the integration, the company will implement new systems, including bespoke technology platforms tailored to enhance operational efficiency. Additionally, GOAT plans to collaborate with a UK university to develop AI-driven tools aimed at improving client service and optimising internal processes—supporting a diverse spectrum of clients, from start-ups to established enterprises.
IGG Insurance, the trading name of Rockland Risk Services, was founded by broker Naeem Chhabu and has grown with a strong focus on client-centric solutions. With Chhabu stepping away from the business for personal reasons, GOAT identified a strategic opportunity to acquire the firm’s book and integrate its operations seamlessly.
As part of the acquisition, IGG Insurance Managing Director Adam Watts and his team will join GOAT Insurance. Their transition is expected to ensure continuity for existing clients and bolster the company’s ability to support businesses in navigating complex insurance needs.
Phil Hayes, co-owner and director of GOAT Insurance, noted that the acquisition followed a deliberate and thorough search for a business that aligned with GOAT’s long-term vision. “Adam and his team bring valuable expertise and share our commitment to innovation and service,” Hayes said. He also paid tribute to Naeem Chhabu, recognising the strong foundations he built at IGG Insurance, which GOAT intends to build upon.
GOAT Insurance, the trading name of Sentreos Ltd, is accelerating its expansion across the UK through strategic acquisitions. Co-owned by Phil Hayes—co-founder of the BGL Group, the company is focused on leveraging technology to drive innovation and growth within the commercial insurance sector.
