Forklift truck manufacturer appoints insurance and risk management firm as it targets further international growth

Insurance brokerage, risk management and consulting firm Gallagher has been appointed as the broker for Tipton-headquartered manufacturer Flexi Narrow Aisle, to support the business with its insurance and risk management programme as the firm targets further international growth.

Founded in 1976, Flexi Narrow Aisle designs and manufactures a range of forklift trucks at the company’s manufacturing plant in Tipton, which are sold in over 60 countries through a network of global distributors.

With the ability to operate in very narrow aisles, the trucks help clients who are involved in the storage and handling of products – from food and beverage companies to automotive companies – to maximise efficiency within their warehousing operations by fitting into and manoeuvring in spaces that would be impossible for larger machines.

After an introduction from Lloyds Bank, Gallagher won the contract.

With offices in Birmingham, Coventry and Brierley Hill, Gallagher has a significant presence in the West Midlands, employing over 400 risk and insurance specialists.

Richard Grosvenor, sales director, Gallagher, said: “Although we are one of the world’s largest brokers with access to the global insurance markets, we are committed to providing a local, on-the-ground service to businesses in the communities where we are based.

“We’re delighted to be working with a business which has had a longstanding presence in the West Midlands, and we look forward to supporting Flexi Narrow Aisle over the coming years with its risk management and insurance requirements as it targets further growth.”

Donald Houston, financial director, Flexi Narrow Aisle, said: “Having undergone a management buyout in 2019, we wanted to ensure that we partnered with an insurance broker who was aligned with our future vision. The team at Gallagher impressed us with their sector knowledge, and ability to negotiate us a deal that saw our insurance premiums significantly reduce and our  cover increase.

“Gallagher is now an integral part of our support team and we are grateful to the business for helping us to get our risk management programme ready for our ambitious expansion plans.”

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