West Yorkshire insurance firm Cogent Claims takes majority investment from Compare The Market owner BHL

Motor insurance claims business Inspire Claims has announced a rebrand to Cogent Claims after an investment by Compare the Market owner BHL Holdings Limited (BHL UK).
Michael Crossland
By Michael Crossland
Published 26th Apr 2023, 06:00 BST

BHL UK’s business and investment portfolio includes motor legal services firm Minster Law, LEI provider Coral Insurance and next-generation telematics business ThingCo. BHL UK has taken a majority shareholding in the Yorkshire firm.

Cogent Claims is also moving from Leeds to Wakefield, where it will sit alongside Minster Law, which has its headquarters in the town.

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Cogent CEO Matt Rawling said: “The multiplicity of issues in the motor market driven by supply chain and demand issues, advancement in vehicle technology and rising claims costs requires new thinking about how best to deliver the high-quality service customers require, but in a way which reflects the need to control rising indemnity costs.”

Cogent CEO Matt RawlingCogent CEO Matt Rawling
Cogent CEO Matt Rawling

"With the investment from BHL UK we are now set to significantly ramp up our business development strategy to take our suite of services to the insurer, broker and MGA markets.”

The firm was founded by Mr Rawling in 2017 and employs around 30 people.

Related topics:West YorkshireWakefield