Weatherbys Hamilton to be acquired by Brown & Brown

Founded in 2012 as a joint venture between Weatherbys Bank, owned by the Weatherbys family and Executive Chairman Charles Hamilton, Weatherbys Hamilton was later joined by founding partners Alec Moore, Richard Chugg, Beth Sharkey, and William Johnson.

Post acquisition, all members of the Weatherbys Hamilton team will remain with the business, continuing to operate from their existing locations and trading under the Weatherbys Hamilton name as part of the Brown & Brown team.

Charles Hamilton, Executive Chairman of Weatherbys Hamilton, said: “Weatherbys Hamilton has always been about deep relationships, specialist experience, and doing things the right way. I’m proud of what we’ve built and excited to see the business continue to grow within Brown & Brown. Weatherbys Hamilton has always had a strong relationship with Brown & Brown, and I know they’ll carry forward everything that makes this firm special.”

Carolyn Callan, CEO Retail at Brown & Brown (Europe), said: “We’re very pleased to welcome Weatherbys Hamilton to Brown & Brown. It was clear from the beginning that there was true cultural alignment between the two businesses. They bring strong sector specialisation, a fantastic team led by Joint CEOs, Alec and Richard, and a reputation built on trust and service. We look forward to supporting them as they continue to do what they do best.”

Roger Weatherby, Chairman, Weatherbys Banking Group, said: “We are immensely proud of all that Weatherbys Hamilton has achieved since its formation and of the talented team behind its success. This new chapter marks an exciting opportunity for the business, and we offer our warmest congratulations to Alec, Richard, and everyone at Weatherbys Hamilton as they continue to build on the strong foundations laid over the past decade. I am confident that the relationship between Weatherbys and Brown & Brown will flourish.”

The deal has received regulatory approval, and the consideration is undisclosed.