Aston Lark, the London-based insurance coverage dealer that’s quickly to become part of Howden, introduced specialist company insurance coverage broking agency Braddons as its newest acquisition.
Established in 1994 by Steve and Catherine Solly, Braddons targeted on the development and actual property sectors, rising considerably from the privatization of British Rail’s infrastructure and growth of personal finance initiative initiatives into colleges, universities, the Nationwide Well being Service (NHS) and native authorities.
With a crew of extremely expert professionals offering a full spectrum of insurance coverage services, Braddons has since diversified into different area of interest sectors together with recruitment, power, transportation, life sciences, medical negligence, fintech and monetary establishments, serving a prestigious array of blue-chip shoppers.
“We’re delighted that the Braddons crew has chosen Aston Lark as their pure residence. As our group continues to increase, our energy and breadth of capabilities in specialist company insurance coverage and threat administration will get ever stronger and this can be additional enhanced once we develop into a part of Howden,” commented Peter Blanc, Aston Lark Group CEO. “Braddons is a wonderful addition to the group, and we stay up for working intently with the crew to proceed to ship the distinctive service commonplace their shoppers are accustomed to.”
“We place difficult and extremely complicated dangers into the London insurance coverage market. Evolving modifications led to by Brexit and steady growth of recent specialist underwriting entities creates a necessity for us to hunt a broader functionality to make sure we keep our skill to ship options that provide the perfect consequence for our shoppers,” mentioned Steve Solly, managing director at Canterbury, England-based Braddons.
“For 2 years we have now sought a broking agency that may present the extra energy to our enterprise, with a wonderful popularity for dedication to shoppers, a excessive regard inside the insurance coverage market, {and professional} useful resource to help us to efficiently meet our commitments,” Solly added.
Presently backed by Goldman Sachs however quickly to be acquired by Howden (as introduced on Oct. 13, 2021), Aston Lark has greater than 1,700 workers throughout greater than 55 places of work within the UK and Eire, 200,000 clients and greater than £1 billion of GWP.
Supply: Aston Lark
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