Tue, 05 Aug 2025 | BUSINESS SALE
Noble Insurance Group, an integrated network of specialist insurance intermediaries operating across multiple classes, has expanded through the acquisition of a specialist insurance intermediary in the camping and leisure market.
The group’s acquisition of Dorset-based Caravanwise was supported by a £5 million loan from digital bank OakNorth. In addition to helping to fund the acquisition, the loan will also support Noble Insurance Group’s buy and build strategy, with the group having made 12 acquisitions to date.
Noble Insurance Group was founded in 2019 through the management buy-in of leading pleasure craft specialist Noble Marine. The group was launched in order to build a portfolio of specialist insurance brands.
Currently, the group’s brands include WG Yachts, Graham Sykes, CBI and New Moon, with the various subsidiaries offering a diverse range of insurance products and services spanning both everyday insurance to specialist requirements.
Caravanwise, which is headquartered in Christchurch, specialises in the camping and leisure markets. The company arranges insurance cover for static and touring caravans, trailer tents, park homes, motorhomes, campervans, folding campers and horseboxes.
Henry Arundel, Co-founder and Managing Director of Noble Insurance Group, commented: “Caravanwise is an excellent addition to our portfolio. It has a highly impressive brand reputation, loyal customer bases, and deep expertise in the caravan and leisure markets.”
OakNorth Director of Debt Finance Dale Cowdell said that Noble Insurance Group has “built a robust, high-margin platform in a highly specialised part of the insurance market.”
He continued: “With a proven buy-and-build strategy and strong insurer partnerships, coupled with the growth in revenues that insurance agent and broker market is set to deliver over the next five years, the business is well-positioned for continued sustainable growth.”
Henry Arundel said that support from the OakNorth team had enabled Noble Insurance Group “to continue acquiring complementary, specialist brokers that align with our strategy and values.”
He added: “We look forward to working with OakNorth further as we scale the platform and continue delivering value to both our insurer partners and policyholders.”
As the UK broker market becomes more mature following years of consolidation, specialist firms are becoming increasingly sought after acquisition targets
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