Groupama shares in Lark
Groupama UK has acquired a majority stake in City-based Lark Insurance Brokers, which has a gross pr...
Groupama UK has acquired a majority stake in City-based Lark Insurance Brokers, which has a gross premium income of £75m, for an undisclosed sum.
Following a sales process led by KPMG that according to market sources included Giles Insurance Brokers, Broker Network and Hilb Rogal & Hobbs, Lark opted for Groupama, which has an office close to Lark's London base in the Minories.
Graham Lark, chairman at Lark Graham Lark, said: "There comes a time when the resources of the management team are
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