Jelf acquires Bristol-based broker
Bristol based commercial consultancy Jelf Group has acquired John Lampier and Son (Lampier), also based in Bristol. The acquisition of Lampier will make the combined Group the largest Bristol-based, general insurance broker in the South West.
According to Jelf, the key factors in the acquisition are:
The gross written insurance premium for the enlarged group will increase by £35m to £150m. This consolidates the Group’s position as a top ten UK independent insurance broker. The Group also places £125m of premiums in the Healthcare market. Together Jelf Group and Lampier will have an estimated 15-20 per cent market share. Professional Indemnity market – the enlarged Group will be of sufficient size to deal direct with LloydsOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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