Award-winning, Leeds-based commercial insurance broker, McCarron Coates, has taken a decisive step, to further grow a business that has flourished despite the pandemic, by appointing a third director and shareholder to its board.
Luigi Maggio has joined founding directors, Ian McCarron and Paul Coates, to add further expertise in general commercial lines insurance. Maggio leaves a position as managing director of a Yorkshire-based chain of commercial insurance brokerages and is already on board at McCarron Coates, with an aim of acquiring clients across the commercial lines spectrum.
McCarron Coates has established a strong reputation as a fleet transport insurance broker, with particular emphasis on the bus and coach and courier sectors, but its ability to write all types of commercial lines insurance sometimes goes under the radar.
With Maggio’s expertise, more balance will be achieved, enabling the broker to work towards achieving significant growth targets.
McCarron Coates’ new director is well-known in the broking world, particularly in the north. He started his insurance career with AIG, before moving to Allianz, and has since held high-ranking director or managing director positions within various commercial brokerages.
The ambition behind the move is clear to see and further underlined by McCarron Coates’ recruitment of a haulage insurance expert, Matt Steer, as account director, and its 2020 reinforcement of its claims division with the appointment of high-flying claims manager, Steven Stockley.
The Yorkshire broker is currently eyeing further recruitment, with the intention of attracting the best talent in the insurance sector, to maintain its high standards and award-winning reputation.
Luigi Maggio says, “Given the success that McCarron Coates has already achieved, this was an opportunity I could not turn down. The team here are driven, ambitious and dedicated to the highest levels of client service, reflecting my own principles and career goals. I am delighted to have joined such an energetic and focused business and look forward to helping it achieve further success.”
Ian McCarron comments, “Our reputation in wheels-based insurance has been further reinforced during the pandemic, with our willingness to provide clients with unique levels of support helping to cement relationships and impress some of the biggest players in these sectors. Luigi will add a new dimension to what we do and enable us to replicate our approach in other markets and sectors.”
Paul Coates adds, “We have known Luigi for some time and felt him a perfect fit as a third director here. We look forward to working with him and further growing the McCarron Coates brand within the UK’s commercial lines broking sector.”