Chase Templeton has bought Ealing-based SJS Healthcare Associates.in a deal, adding £2m in annual premium income to the intermediary's books.
It is the second purchase to be completed in four weeks by the company which last month purchased PMI, employee benefits and group risk specialist, Health Assist, which brought in £1.9m API to the Lancashire-headquartered business.
SJS Healthcare specialises in PMI and business protection cover.
Warren Dickson, chief executive officer at Chase Templeton said: "SJS is an ideal fit. It holds a strong SME book which will bolster our fast-growing presence in the company PMI and business protection sector."
Dickson added that Chase Templeton is set to imminently announce another deal which will provide another significant boost to its presence in the SME sector. "We're talking days rather than weeks," he said.
The company is to maintain the pace of its "buy and build" strategy through 2014, with several acquisitions scheduled to complete before the end of this month.
The SJS deal means Chase Templeton has now added around £6m in API in the two quarters since the beginning of its accounting year last November.
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