Aston Lark has announced that it has acquired AJ Insurance.
Terms of the acquisition were not disclosed. AJ Insurance has a commercial focus, specialising in construction, motor fleet, and motor trade. It says that it also has a growing property account.
Peter Blanc, group CEO of Aston Lark, said: “As soon as I met managing director John Kemp, it was clear that AJ Insurance and Aston Lark have an identical customer service ethos. In fact, we were introduced to each other by a mutual friend who thought that a deal would be a great fit – how right he was! I’m delighted that John and the team have decided to join the Aston Lark and Howden family – and I’m certain that the business will grow and thrive over the coming years.”
Aston Lark has acquired a bunch of firms this year, picking up Healthwise Group in February, Braddons in March, and UKGlobal in May. Meanwhile, Aston Lark Ireland acquired Marine & General Insurances DAC in February and Sparrow insurances this month.
This all follows the same theme from last year when the firm acquired Innovation Broking, Bainbridge Collins, Philip Williams & Company, S Johnson & Company, and the client book of Choice Benefits. Meanwhile, the firm was itself acquired by Howden in October
Regarding this new acquisition, Kemp said: “Our clients are our primary consideration. To move our business forward, we therefore looked for a partner who not only has the resource to help us grow, but who also shared our values. When considering who to partner with, it was very important to us that we found a like-minded broking firm with a first-rate reputation for commitment to clients, and one that was well respected within the insurance industry. Aston Lark felt like a perfect fit for us, our team and our clients.”
He added: “As AJ Insurance moves forward with the additional strength of Aston Lark, we feel we can guarantee our clients the best solutions to their insurance needs, with the same commitment to high level customer service as previously.”
