Advantage Financial Services acquires insurance broker Cork Bays & Fisher

Insurance broker Cork, Bays & Fisher has been acquired by a wholly owned subsidiary of The Advantage Travel Partnership for an undisclosed sum.

The purchase from Kingfisher Insurance Services includes the brand, the book of business and the majority of the Cork, Bays & Fisher team moving to bond and insurance broker Advantage Financial Services.

Advantage chief operating officer and Advantage Financial services director Paul Nunn said: “We were delighted when Kingfisher approached us about acquiring the business.

“Cork, Bays & Fisher is a long-standing, well established and respected brand which holds great kudos in the industry and has been driven by a team with real expertise of the market and the intricate financial protection products which underpin the travel sector.”

The business will be managed by Advantage Financial Services head Heather Haggis and Cork, Bays & Fisher will continue its operations as a standalone entity with the team supported by the resources of the wider group. 

“We envisage a very smooth transition of ownership for all parties and stakeholders and remain confident there will be no impact on the level of service currently provided,” added Nunn.

Kingfisher Insurance Services chief product officer Mark Bacon said: “Following a comprehensive review of our insurance products and services, Kingfisher Insurance Services decided that it was in our clients’ best interests to transfer all operations and activities to Advantage Financial Services Limited. 

“After initial conversations with Paul and the wider team at Advantage Financial Services, it became quite clear that they were ideally placed to take on the business as, just like Cork Bays & Fisher, they are a specialised insurance broker who are wholly focused on the travel sector as well as delivering high quality customer service.”

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