Jensten Group, a UK-based insurance coverage broking and underwriting enterprise, has introduced the acquisition of Chris Knott Insurance coverage Consultants.
Chris Knott Insurance coverage provides each private and business traces options.
It supplies a distinct segment motor scheme, specialising in traditional automobiles and homeowners membership autos.
The corporate additionally has experience in offering shoppers with specialised options for photographers, small charities, allotments and dog-related actions.
This acquisition, pending regulatory approval, will add 19 staff and an workplace in Hastings. It can additionally convey one other £6.1m in GWP to Jensten.
Following integration, the schemes-based area of interest private traces enterprise will report back to Jensten managing director for private traces Karl Scott.
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The business traces enterprise will likely be included into the London and South East area, overseen by regional managing director David Skinner.
This transfer is a part of Jensten’s regional enlargement throughout the UK, aimed toward bolstering its native presence and enhancing shopper providers within the London and South East area.
Jensten retail managing director Rob Organ mentioned: “The acquisition of Chris Knott Insurance coverage Consultants represents a big step ahead in our strategic efforts to strengthen our presence within the London and South East area.
“This acquisition not solely enhances the dimensions and attain of our business traces division however, by integrating Chris Knott’s experience in traditional automobiles and homeowners membership autos, additionally enriches our portfolio with new distinctive scheme and area of interest private traces capabilities.”
Chris Knott Insurance coverage Consultants managing director Neil Franklin mentioned: “Becoming a member of Jensten will allow us to leverage the assets and attain the enterprise has constructed, permitting us to offer a good higher service to our shoppers.”
Chris Knott Insurance coverage’s acquisition follows Jensten’s buy of specialist dealer Berns Brett final 12 months.
Lately, Jensten accomplished the acquisitions of Melville Burbage and Henry Seymour & Co.
Melville Burbage supplies business broking options to greater than 5,000 companies and people, whereas Henry Seymour & Co, working underneath the Salon Gold model, serves the hair and wonder insurance coverage market, catering to salons, clinics, gyms, spas and cell or freelance therapists.
Final month, Jensten unveiled a restructuring plan to assist progress and optimise the mixing of its acquired entities.
