Aston Lark, a Howden company, has announced it has agreed terms to acquire Allegiance Insure Ltd., based in the City of London.
Established in 2015 by Charles Wintour, Allegiance Insure was founded on the premise that its allegiance is first and foremost to its clients.
The company specialises in financial lines insurance and has also developed specialist fraud insurance for short term lenders. Offering a highly personal service, Charles Wintour and his team have established close working relationships with their loyal clients, most of whom they have served for many years.
Charles Wintour, Managing Director of Allegiance Insure, commented: “Our clients and staff are our primary consideration. Aston Lark have a first-rate reputation for client service and share our values. I am delighted we have been able to partner with Aston Lark and the Howden Group to allow us to broaden our client offering and provide our staff with further career development opportunities.”
Peter Blanc, Aston Lark Group CEO, said: “I’m delighted that Charles and his team have decided to join forces with Aston Lark. The expertise of the Allegiance team will strengthen our capabilities in the London market, and we are also excited by the opportunity to grow their scheme which offers fraud protection to lenders. It’s an innovative product with huge potential.
“As ever, cultural fit was the prime driver and I know that Charles and his team will find Aston Lark and Howden to be a great forever home.”
According to the statement, Aston Lark is on a journey to become the most trusted Chartered insurance broker and employee benefits advisor in the industry.
It has 75 offices in the UK and Ireland, 200,000 customers and more than £1.2bn of GWP. The company’s expertise spans all commercial sectors, industry-specific schemes, employee benefits consultancy, and a wide range of private client solutions.
