Jensten, a UK brokerage and underwriting firm, has announced its acquisition of Scrutton Bland Insurance Brokers, aimed at enhancing its ability to provide high-quality broking services across multiple sectors.
The acquisition brings onboard a team of over 50 professionals spread across two offices and adds £22 million in GWP to the business.
Scrutton Bland specialises particularly in commercial property, with established expertise in serving clients in the charity and agricultural sectors. They possess a deep understanding of the specific needs of clients in these areas.
Alistair Hardie, Jensten’s Chief Executive, emphasises the strategic importance of expanding their presence across the UK.
“Our recent investment in East Anglia through the acquisition of One Broker and Scrutton Bland Insurance Brokers is testament to our strategic focus on establishing regional centres of excellence. Simultaneously, we’re keen to enhance our specialist capabilities, crafting propositions tailored to specific client and industry sectors,” Hardie explains.
He expresses excitement about the new acquisition, stating, “Scrutton Bland Insurance Broker’s reputation for providing a high-quality and tailored service to clients across East Anglia, as well as their specialist offering to Charity and Agricultural communities makes them a great new addition to Jensten and, following FCA approval, we are pleased to formally welcome them to the Jensten family.”
The week prior, Jensten announced its acquisition of Henry Seymour & Co., a specialist insurance broker serving the unique requirements of the hair and beauty industry. This, along with the Scrutton Bland deal, highlights Jensten’s significant progress and dedication to expanding its schemes and affinities capabilities.
