Ascend Broking buys SMP Healthcare

deal

Ascend has set its sights on achieving £22-£25m in GWP over the next 24 months and flagged that a further three deals are in the pipeline.

Essex-headquartered independent commercial and high net worth broker, Ascend Broking, has acquired fellow Chelmsford-based company, SMP Healthcare Insurance Brokers, as part of a strategy focused on significant growth over the next two years.

The six-figure acquisition provides Ascend Broking with a new private medical insurance proposition for its mid-to-high-net-worth clients and will take its gross written premium (GWP) beyond £10m. 

All SMP employees, including managing director, Lianne

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