Gallagher appointed as broker for metal casting firm
Insurance brokerage, risk management and consulting firm Gallagher has been appointed by Cradley Heath-based metal casting firm Westley Group to support the business with its insurance and risk management requirements as the firm targets further growth across Europe.
Westley Group is one of Europe’s largest metal casting companies, specialising in the production and supply of copper-based and aluminium alloy metal parts.
Employing more than 280 people across its headquarters based on Doulton Road, plus manufacturing centres of excellence sites in Newcastle-under-Lyme, Staffordshire, and Cleckheaton, West Yorkshire, Westley Group serves clients in a range of sectors, including the marine, oil, power generation, process engineering and architectural industries.
With offices in Birmingham, Coventry and Brierley Hill, Gallagher is one the largest brokers in the West Midlands, employing over 400 risk and insurance specialists across the region.
Richard Grosvenor, sales director, Gallagher, said: “As a local community broker, providing an on-the-ground service to businesses in the region where we’re based, we’re proud to be working with a firm which has a longstanding presence in the West Midlands, and which has an excellent reputation in the metal casting industry.
“Our regional insight, plus our strong technical knowledge and strong relationships with insurers, means we can deliver innovative solutions to businesses that other brokers may not be able to access.
“We are delighted to now be part of Westley Group’s growth journey, and look forward to supporting the business with its evolving risk management needs as it grows.”
Mike Richards, finance director, Westley Group, said: “Before engaging Gallagher’s support, we were aware that the insurance market was going through a period of ‘hardening’ – characterised by insurers charging higher premiums, and lower enforcing tighter terms and conditions– and we were concerned about significant cost increases when it came to our insurance renewal.
“From our very first meeting, the team at Gallagher impressed us with their sector knowledge, and the time they took to visit each of our sites in order to ensure they fully understood our business and how it operated. The team were able to negotiate us a deal that saw our cover increase, and premium reduce, providing us with the peace of mind we need to focus on growing our business.”