Jensten is about to spice up its scheme and affinities arm with the acquisition of Robert Gerrard & Co.
The deal, which is topic to regulatory approval, will deliver the 19-strong Robert Gerrard crew to Jensten.
Robert Gerrard is the main insurance coverage dealer within the UK for the life and escalator business. It has constructed a status for assembly the extremely specialised wants of the sector via an in depth vary of merchandise and insurance policies.
Moreover, Robert Gerrard supplies tailor-made industrial companies to purchasers throughout varied industries, in addition to choose private strains merchandise within the Chingford area.
Managing director Carla Preston will proceed to guide the enterprise and can report back to Simon Henderson, managing director – schemes and affinities at Jensten Insurance coverage Brokers.
That is Jensten’s third deal this yr following purchases of Melville Burbage and Henry Seymour & Co.
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Preston stated: “We wished to companion with an organization that recognised the worth of our specialties, workers, and experience. We additionally wished to keep up our momentum in rising the enterprise whereas persistently serving our purchasers and companions. Jensten was the proper match for us, providing the help and sources mandatory for our continued progress. We’re excited for the long run and the prospects that this partnership will ship, for our crew, for our purchasers and for Jensten.”
Alistair Hardie, chief govt of Jensten, commented: “The success we’ve seen within the first a part of 2024 demonstrates the worth of the proposition and platform Jensten has meticulously constructed during the last three years, bringing us considerably nearer to reaching £1 billion in premium inside our Group.”
Simon Henderson, added: “We’re thrilled to announce the addition of yet one more high-quality enterprise to the Jensten household. This acquisition represents one other important milestone within the progress of our schemes and affinities enterprise. At Jensten, our purpose is to ship the perfect options for our purchasers by understanding their specialist wants. By partnering with professional brokers like Robert Gerrard & Co, we improve our capability to supply market-leading propositions to a various vary of purchasers with area of interest necessities. We sit up for integrating Carla and the crew into the Jensten household and seeing the enterprise flourish with the help of the broader Jensten group.”
