An online insurance broker has invested more than £1m in a new premises on Teesside.
UKinsuranceNET.com has moved from its previous base in Darlington to its new home in Stockton.
The company, which specialises in selling property insurance, has spent more than £1m on buying and fitting out its new headquarters on Preston Farm. The 6,000sq ft office was officially opened by Stockton Council leader Bob Cook , at a celebration attended by more than 100 guests from the Teesside business community.
Steve Bradley, managing director of the firm, said: “Since UKinsuranceNET launched, we have always been early adopters of new technology, and ahead of the curve when it comes to both internal and customer facing systems. This includes our online multi-quote facility that provides policies from a panel of leading UK Insurers.
“It is a fundamental part of our business strategy to invest in innovative projects and technologies that will provide our customers with exceptional levels of service and with over 90% of our customers renewing their policies each year, this strategy is working.
“As a firm that started out in Darlington, and has recently moved to Stockton on Tees , we are at the heart of the Tees Valley business community, and we are demonstrating our commitment to the region by making such a significant investment in our business.”
Mr Bradley completed a management buyout of the firm in December 2013, along with operations director Suzanne Eeles, and Paul Meehan, who joined the company as its chair.
The move to Stockton forms part of the company’s growth plans, which includes acquiring additional businesses.
Commenting on UKinsuranceNET’s decision to move to the area, Coun Cook, said: “I’m always grateful to companies that make Stockton their business address. We’ve been trying to support firms since I became leader, even before that, because we realise that the more businesses we support, the more jobs will be created.
“This is a great opportunity, not just for Stockton, but also for Tees Valley.”
The vendor was represented by Tim Carter, Director Connect Property NE