Kingfisher acquires MIS Motorsport’s commercial business

Kingfisher Insurance Services Limited, a leading provider of specialist insurance solutions, has acquired MIS Motorsport’s commercial business in the UK and Ireland.

As part of the acquisition, a new entity will be created, called MIS Commercial, which will focus on commercial insurance products for professional and amateur motorsports teams and businesses.

MIS Motorsport Limited will remain under current ownership and focused on its core expertise as a leading worldwide provider of Motorsport On-Track insurance, driving continued growth in this area.

The existing team at MIS Commercial will continue operations from Leeds, ensuring seamless service for clients.

The acquisition aligns with Kingfisher’s strategy of expanding its market presence through organic growth and strategic acquisitions. It follows the acquisition of Reis Motorsports Insurance last year, and builds on their commitment to supporting businesses operating in the motorsports sector.

James Stuart, Managing Director of Kingfisher Insurance Services Limited, commented:

“We are excited to welcome the MIS Commercial clients and team to the Kingfisher family.

“MIS has built a strong commercial book, and this acquisition accelerates our strategy of growing our specialisms, reaffirming our commitment to the motorsports industry.”

Jacquie Boast, CEO of NSM UK (parent company of Kingfisher Insurance Services Limited), commented:

“The acquisition of MIS Commercial marks another significant milestone in Kingfisher’s strategic expansion within the motorsport insurance market, building upon last year’s acquisition of Reis. This solidifies our position as a leading provider of specialist insurance solutions for the motorsport industry.

“By integrating the MIS Commercial team and business into Kingfisher, we aim to accelerate growth and profitability in this sector while delivering an even higher level of service to our commercial motorsport clients.”