Kaufman buys Oval International
Acquisition will see the Lloyd’s broker rebrand under original Lochain Patrick name.
HW Kaufman Financial Group has acquired marine energy risks specialists Oval International for an undisclosed sum.
The deal will see Oval International return to its original name, Lochain Patrick, which was first established in 1987 by a team of London-based marine insurance specialists. The Lloyd's broker was renamed in 2005 following its acquisition by Oval.
The Lochain Patrick executive leadership and extended team will continue in their existing roles following the acquisition.
London
Alan
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