Acquires Four Additional Real Estate Agents: Mr. Trowe's Expansion
MRH Trowe Expands Its Insurance Brokerage Portfolio in 2021
Germany-based insurance broker MRH Trowe has been on an acquisition spree this year, adding several firms to its portfolio. The acquisitions include ITUS Insurance Brokerage, a Karlsruhe-based firm specializing in IT services and occupational pension schemes (bAV), and Anthes Insurance Brokerage, an industrial insurance broker based in Stuttgart.
In addition to these, MRH Trowe has also acquired Harald Schwardt Insurance Brokerage, specializing in investment insurance, and KVM Kulmbacher Insurance Brokerage. The other acquisitions by MRH Trowe are Frischleder Insurance Brokerage, M.A.R.K.-Insurance Brokerage, Nofri Insurance Brokerage, Finance-Risk Insurance Brokerage, and G. Beyer Insurance Brokerage.
The acquisitions continue MRH Trowe's growth course announced at the beginning of the year. The company's annual turnover in 2021 is likely to exceed 70 million euros, with an expected growth of more than 40% compared to the previous year.
Moreover, MRH Trowe has established a company in London to provide customers direct access to the Lloyd's insurance market. The latest acquisitions by MRH Trowe include Tip (London company for Lloyd's insurance market access), Advertum (industrial insurance broker based in Stuttgart), and EKB (bAV specialist from Karben).
It is worth noting that while there are no publicly available specific details about MRH Trowe's expansions to London in 2021 or its growth strategy for that year, it might be necessary to consult specialized financial or industry reports from that time or MRH Trowe’s corporate communications archive for more information.
One notable development unrelated to the 2021 acquisitions is MRH Trowe's integration of Finance competence and acquisition of Hansekontor Maklergesellschaft mbH in 2024, with developments continuing into 2025.
In summary, MRH Trowe has been actively expanding its insurance brokerage portfolio in 2021, with several acquisitions contributing to its growth course. However, specific details about its London expansion in 2021 and its growth strategy for that year remain elusive and may require further research.
MRH Trowe's acquisition of Harald Schwardt Insurance Brokerage expands their portfolio into investment insurance, a sector within the broader field of finance. With the addition of Tip, Advertum, and EKB, MRH Trowe is also broadening its services by providing customers direct access to the Lloyd's insurance market, a significant move for businesses involved in investing.
