Acquisition: Hobbs Associates

About us

Established in 2010 by a team of highly professional and experienced individuals, Hobbs Associates (“Hobbs”)  continue to deliver high quality insurance broking and risk management advice and services to Commercial and Corporate clients, with a specialist focus on the Technology and Life Sciences sector.

Hobbs  has  been acquired by Tasker Insurance Group and is now part of the specialist retail division within Tasker Insurance Brokers (TIB), which includes the Tour Operators and Travel business, Travel Risk Professionals. TIB also has regional retail broking hubs in the North West,  East , South East and London. Hobbs is based in Leicestershire.

Being part of the Tasker Insurance Group will benefit Hobbs as it provides the business with greater access to markets, particularly through the Tasker & Partners’ Lloyd’s broking team.

Multinational

The trend of globalisation continues to grow as businesses open new overseas operations.

Globally operating businesses purchase insurance not just to comply with compulsory regulations in different countries, but to also mitigate the uncertainty of the financial risks they face.

It is quite common for these businesses to purchase insurance from multiple insurance companies, in numerous jurisdictions as well as utilising many different brokers in an attempt to ensure that they are protected. Worse still, many companies just let their overseas operations ‘get on with it’ and do their own thing.

This can be a complex process, is time consuming and expensive, particularly if something goes wrong and is not properly insured. Having one single multinational insurance program helps to reduce potential gaps in coverage.

We are highly experienced in providing co-ordinated solutions worldwide across a wide variety of insurance covers where local legislation permits.To support this, we have a wide range of overseas partner brokers giving us global reach.

Our dealings over the years have varied from companies with a small overseas sales office right up to manufacturing sites on every continent and we would be happy to discuss the considerable benefits of adopting a multinational approach to your insurance needs

Specialisms

Hobbs has developed a series of niche specialisms with over 20 years experience in the Technology, Life Science, Media, Recruitment and Manufacturing and Distribution sectors. Since joining the Tasker Insurance Group their expertise has now formed the new specialism Tasker Technology.

To find out more click on the links below:

Tasker Technology.