UK broker and underwriter Jensten has announced the acquisition of Henry Seymour & Co., a deal that will enhance its capacity to offer specialist products to clients with niche requirements.
Henry Seymour & Co is a specialist insurance broker catering to the unique needs of salons, clinics, gyms, spas, and mobile or freelance therapists under its long-established Salon Gold brand.
The business also extends its specialist expertise to the trade and construction sector with a strong reputation through its Tradesman Saver brand.
According to Jensten, this acquisition demonstrates its commitment to growing its schemes and affinities capability, whilst also supporting a multi-channel distribution model across retail, digital, and wholesale, throughout its schemes and affinities business.
Simon Henderson, Managing Director – Schemes and Affinities at Jensten Insurance Brokers, stated: “We are delighted to announce our latest addition to the Jensten business. This acquisition is a significant stride in our schemes and affinities growth, enhancing our capacity to offer market-leading digital propositions and specialist support to a diverse range of clients with niche requirements.
“Welcoming the team from Henry Seymour & Co is a key milestone in our commitment to strengthening the level of service and expertise within Jensten. This announcement is further proof of our ability to source and attract great quality businesses and bring them into the Jensten environment, where they can flourish.”
The deal, subject to regulatory approval, will introduce a team of 22 professionals, an office located in Sutton, as well as an additional 66,000 policyholders to Jensten.
Joint Managing Directors Darragh Timlin and Dean Laming at Henry Seymour & Co will continue to lead the business, reporting to Henderson.
Paul Kaye, founder, and owner of Henry Seymour, commented: “We are delighted to join the Jensten family and feel that both the strategic and cultural objectives are aligned. I have known Simon for many years and feel excited about the ambition and future of the business going forwards.”
Timlin and Seymour, added: “We wanted to join a group where our specialisms, staff and expertise would be valued, and where we’d be supported to continue growing the business and delivering for both our clients and partners.
“Jensten was an obvious choice for us, and we are looking forward to the growth opportunities this relationship will provide both for our people and our customers.”
