Aston Lark has completed its third acquisition since the merger of Aston Scott and Lark Group in 2017. The Bowmark-backed insurance broking group has recently acquired Pharos Insurance Brokers, a high-quality personal and commercial insurance broker based in Dover, Kent, with over 5,000 clients in the South East and 18 staff.
Formed in 1958, Pharos today has commission and fee revenues of £8m, with over 70% of its income generated from commercial clients. All three of the existing Pharos directors are remaining with the business.
Peter Blanc, Aston Lark Group CEO, said: “We see a number of great opportunities to support Pharos’ growth, including plans to develop further in the local region.” Steve Turner, Pharos Managing Director, added: “We are delighted to become part of Aston Lark and welcome the opportunity to build on our long-standing presence on the Kent coast, and to continue the expansion of the range of products and services available to our clients.”Back to News