Deva Risk Group Celebrates Another Successful Year with The Broker Investment Group, Achieving 13% Income Growth
Deva Risk Group are proud to celebrate another successful year in partnership with The Broker Investment Group, marking a period of strong performance, strategic growth, and brand transformation.
Over the last 12 months, Deva Risk Group achieved £12.1m in Gross Written Premium (GWP) and delivered an impressive 13% increase in income compared to the previous year.
The economic climate has presented significant challenges, with business liquidation rates remaining high throughout the year and monthly figures in late 2025 frequently exceeding 2,000 closures. Despite these conditions, and against the backdrop of a soft insurance market, Deva Risk Group successfully grew income by 13% year-on-year.
While overall GWP declined slightly largely due to the softer insurance market conditions and reduced premium levels, income performance remained strong and continued to grow. This resilience has been driven by strong insurer partner placements, exclusive rating arrangements, and the introduction of additional value-added services, all of which supported income growth during a challenging trading environment.
This performance represents a significant milestone, highlighting both the strength of the business’s client relationships and the advantages gained through its partnership with The Broker Investment Group. These benefits have enabled Deva Risk Group to deliver competitive, tailored solutions while maintaining sustainable growth.
As part of its continued expansion strategy, Deva Risk Group acquired insurance broker David Vaughan in May 2025. The addition of David Vaughan brings valuable experience and reinforces the company’s commitment to community broking.
Furthermore, Deva Risk Group has completed a comprehensive rebrand, bringing together multiple insurance brokers under one unified identity – a family of local community insurance brokers working together towards the same mission: to help and support the local community, residents and business owners with their insurance needs whilst truly being a part of the local community.
“Our growth this year demonstrates the strength of our incredible team, our partnerships, and our client-first approach,” Peter Goddard, Managing Director of Deva Risk Group. “Through our relationship with The Broker Investment Group, we are able to leverage enhanced and exclusive rates from our insurers, while continuing to operate as independent community brokers across the North West, Midlands and Wales. The support from The Broker Investment Group has aided our company with incredible growth and we can’t wait to see what the next 12 months have to bring.”
Deva Risk Group is a family of community brokers: Daulby Read Limited, Gomm Insurance, Hornby Snape Insurance, David Vaughan, Tudor House Insurance and Much a Do About Insurance. Providing a full suite of personal, commercial and agricultural insurance solutions.
The Broker Investment Group take majority investments into UK insurance brokers whilst supporting the broker’s growth plans.
