Aston Lark has acquired the client book of health insurance and employee benefits adviser Choice Benefits Ltd for an undisclosed sum.
The Lancashire-based private medical insurance specialist intermediary, founded by Terry Shelbourne in 2015, provides cover for both individuals and businesses.
This latest buy comes at the end of a year in which Aston Lark has bought London and Watford-based Innovation Broking and Southampton-based broker PHM, completed the buyout of Right to Health and The Health Insurance Specialists, and agreed terms to acquire the clients of The Health Insurance Company.
The firm has also itself been acquired by international insurance broking group Howden which reached agreement to buy Aston Lark from Goldman Sachs Asset Management and Bowmark Capital in October.
Commenting on this latest acquisition, Peter Blanc, CEO at Aston Lark Group, (pictured) said: “We’re delighted to welcome the clients of Choice Benefits into Aston Lark.
“We have seen tremendous growth in our employee benefits business in 2021, both through acquisition and organic growth, on the back of increasing volumes of cross-sales across the group.
“This ability to “join the dots” and offer a full range of solutions to our personal and business customers is a key strength of our group.”
Shelbourne added: “We’re proud of our client-centric approach and the excellent level of service we provide to each of our clients. Aston Lark are a great organisation and I’m delighted that my clients will be serviced by a company that puts the same high emphasis on the customer.
“From our clients’ perspective, I’m excited for the potential to benefit from the great range of products and propositions that Aston Lark has access to.”
