Coversure Hull Group consolidates regional operations in Hull as it targets £20m turnover by 2031
Andy Price, founder and Managing Director of Coversure Hull Group, at the company’s Hull headquarters.
COVERSURE Hull Group has brought its Cleethorpes and Peterborough operations into its Hull headquarters, creating a central hub for its commercial and property insurance clients. The independent broker, founded in Hull in 2006, says the restructure will support its ambition to double annual turnover from approximately £10m to £20m by 2031.
Managing Director and founder Andy Price said the new division had been created in response to growing demand from commercial property owners, landlords, developers and businesses across Hull, East Yorkshire and the wider region.
Regional activity in the industrial and logistics property sector has also increased. According to Savills, transactional activity across Yorkshire and the Northeast rose by 49% in 2025 compared with 2024, reaching 4.59 million sq. ft across 21 transactions.
Mr Price said:
“Demand for commercial property insurance has grown steadily, particularly among clients operating in the industrial, logistics and port-related sectors. Our property insurance book has increased by more than 30% in two years, so launching a dedicated service is a logical next step for the business.
Commercial properties are also becoming more complex. Owners increasingly need advice about emerging risks associated with smart-building technology, cyber exposure and electric-vehicle Bringing our expertise together at our Hull headquarters means clients can access commercial and property insurance advice in one place. It also gives us a strong platform from which to grow the business, create further opportunities for our team and work towards our £20m target.”
The new specialist division will advise clients on insurance for a range of commercial properties, including industrial units, warehouses, offices, retail premises and mixed-use buildings.
The launch marks the next phase of growth for Coversure Hull Group, which celebrated its 20th anniversary earlier this year.
