Aston Lark swoops for financial lines broker to bolster London market growth
Insurance broker Aston Lark, part of the Howden Group, has swooped for a specialist in financial lines to bolster its capabilities in the London market.
The company has agreed terms to acquire Allegiance Insure.
Based in London, Allegiance Insure was established by Charles Wintour in 2015. The company specialises in financial lines insurance and has also developed specialist fraud insurance for short term lenders.
Peter Blanc, Aston Lark Group CEO, said: “I’m delighted that Charles and his team have decided to join forces with Aston Lark. The expertise of the Allegiance team will strengthen our capabilities in the London market, and we are also excited by the opportunity to grow their scheme which offers fraud protection to lenders. It’s an innovative product with huge potential.
“As ever, cultural fit was the prime driver and I know that Charles and his team will find Aston Lark and Howden to be a great forever home.”
Charles Wintour, managing director of Allegiance Insure, added: “Our clients and staff are our primary consideration. Aston Lark have a first-rate reputation for client service and share our values. I am delighted we have been able to partner with Aston Lark and the Howden Group to allow us to broaden our client offering and provide our staff with further career development opportunities.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
