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Russell Bence
Commercial Director at Think Insurance
Russell Bence is the Commercial Director at Think Insurance, a specialist broker based in the West Midlands, UK.13 He joined Think Insurance in this role in August 2021.37
Professional Background
Bence brings significant experience to his position at Think Insurance. Prior to joining the company, he held roles at other insurance firms, including Complete Cover Group.4 His areas of expertise include:
- Business Development
- Insurer/Broker relationship management2
Responsibilities at Think Insurance
As Commercial Director, Bence's primary focus is on growing the commercial department of Think Insurance. His responsibilities include:
- Sourcing synergies and new clients
- Finding the right insurance solutions for organizations of various sizes5
- Overseeing acquisitions and expansion of the company's commercial arm16
Recent Achievements
Under Bence's leadership, Think Insurance has been actively expanding its presence in the Midlands through strategic acquisitions:
- In September 2024, the company acquired Bromwich Insurance Bureau, which is expected to help Think Insurance reach £33 million in gross written premium (GWP) by the end of 2025.1
- This acquisition follows two previous ones in April 2022 and October 2023, demonstrating the company's consistent growth strategy.1
Bence has expressed that Think Insurance is continually looking for opportunities to acquire brokers, particularly those with around £3 million of gross written premium and those located in or around the West Midlands area.16