Howden to acquire Aston Lark

'Largest acquisition to date' by Howden

John Brazier
clock • 2 min read

US-based insurance group Howden has announced an agreement to acquire Aston Lark from Goldman Sachs Asset Management and Bowmark Capital.

The deal, which is subject to regulatory approval, will see the brokerage join A-Plan Group and Howden UK to create a full-service broker "unrivalled in its quality, scale and reach in the UK." While financial details of the agreement were not disclosed, Howden stated that the deal was its "largest acquisition to date" and will create a business managing over £6 billion of gross written premium for more than 1.7 million policyholders. The combined business will cover specialist Personal Lines, Commercial, Schemes and Affinity, Health and Benefits, Corporate, and Specialty. Commenti...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

COVER Summit North: Gallery

COVER Summit North: Gallery

Event debuted in Warrington

COVER
clock 22 March 2024 • 1 min read
IPTF announces 7 Advisers cohort

IPTF announces 7 Advisers cohort

Second season to start production

Cameron Roberts
clock 21 March 2024 • 1 min read
Stories critical to advice process: ProtectX8

Stories critical to advice process: ProtectX8

Human experience at the heart of protection

Cameron Roberts
clock 20 March 2024 • 2 min read