R3: Group acquires Personal Lines

The R3: Group has bought Personal Lines, bringing total income under its management to £20m.

The Ipswich based R3: Group says that following sustained expansion over the last year, it was attracted to Personal Lines, owned by Keelan Westall, for its &#39homeowner solution&#39 for both intermediaries and their customers.

The company will now operate under the Calibre Home Solutions brand and provide a range of financial services and consumer products such as discounted utilities and telephony for homeowners.

Rob Proudman, director of R3: Group, says : “R3: Group has been looking for some time to broaden its distribution channel and Keelan Westall&#39s IFA distributed business will help the company to achieve this.

This acquisition provides R3: Group&#39s rapidly growing business with a significantly larger platform on which to develop its product offering.”