Lark on track after Tolson Messenger purchase
Barking-based Lark Group has bought Tolson Messenger, a broker based in Colchester, for an undisclos...
Barking-based Lark Group has bought Tolson Messenger, a broker based in Colchester, for an undisclosed sum. The acquisition brings Lark Insurance Brokers' revenues to around £14m.
According to Graham Lark, managing director at Lark Insurance, the gross written premium at Tolson is in the region of £5m to £6m, which is in line with its strategy to acquire firms up to £15m GWP. Tolson has a 70% commercial book with specialties in the hi-tech and biotech industries, which Lark describes as a growth
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