Already one of the UK's top 20 independent commercial insurance brokers and employee benefits practices, the newly-merged group has now acquired Stourbridge-based Ingram Hawkins and Nock (IHN), with over 2,500 clients and commission and fee revenues of around £1.6m.
Peter Blanc, Aston Lark chief executive officer, said: “Our businesses have a lot in common; both are chartered insurance brokers, independent and client-focused.” He added: “We see a number of good opportunities to support both the expansion of the niches and schemes that IHN have and their plans to develop in their local region.”
Liz Foster, chairman of IHN, commented: “This is a very exciting time for IHN. We aim to be an integral part of Aston Lark’s growth plans in the Midlands area, working closely with our new colleagues in Derby.”
Bowmark originally backed the management buy-out of Aston Scott in 2015.
Chartered insurance broker Aston Lark is pursuing a successful buy-and-build strategy while winning awards for the exceptional quality of its service
In the news
16 September 2021
Bowmark Capital expands portfolio management team
20 July 2021
Bowmark Capital expands team