Voyager Insurance Services Acquired by Caledon Group
- Written by: iPMI Global
Voyager Insurance Services has been acquired by Caledon Group (CGL) for an undisclosed fee, resulting in the appointment of a new Executive Team to drive the business forwards.
Founded in 1996 in Guildford, Voyager Insurance has a team of 25 people and has built a reputation for excellence as a niche independent wholesale and retail insurance broker, with a strong client base of retail customers, affiliates, brokers and corporate clients.
As part of the transaction, Stephen Cox, Voyager’s Managing Director and John Peters, Co-Founder and Sales Director will both be stepping down from the Board of Directors. Stephen and John will remain with the business for the rest of the year to support the transition and the incoming Executive.
Three Directors of Caledon Group, all with extensive experience in the insurance industry, have been appointed to the new Voyager Board. David Whitaker, former Managing Director of Plum Underwriting, has been named Managing Director. Paul Davies, also Finance Director of Horizon Underwriting, has been appointed as Finance Director, and Steve Bishop, who was Head of Strategic Accounts at Brown & Brown Europe, has been appointed as Commercial Director.
These three Directors have a long association with Andrew Cross who has been Voyager’s Chairman for the last 17 years. Andrew Cross will remain Chairman of Voyager and will also become Chairman of Caledon Group.
In addition to the external appointments highlighted above, Chris Gooden, Underwriting & Broking Director, has been promoted to the Voyager Board.
David Whitaker, Managing Director, Voyager says, “We are excited to work with the excellent team at Voyager, initially to provide continuity and ultimately to take the business to the next level, building on the solid foundations that are already in place.”
Stephen Cox adds, “This is a key moment in Voyager’s journey. Since Voyager’s inception in 1996 to source travel insurance solutions for wholesale clients, the business has continually evolved, successfully moving into direct, aggregator and affinity markets. The time was right for John and me to step away from the business and we have every confidence that the Caledon Group team will continue to develop and grow the business, delivering a range of products ideally suited to our customers and business partners.”
Voyager Insurance has a portfolio of award-winning travel insurance and wedding insurance products, first-class customer service and a powerful online WEBroker system.
Caledon Group is a privately owned company created to invest in a range of niche broking and underwriting businesses in the UK general insurance sector. Caledon Group was incorporated in 2023 by founders David Whitaker, Andrew Cross and Paul Davies looking to leverage their many years’ experience in the UK general insurance market. The Group has ambitions to develop its business in the UK and Europe.
