Blanc expects Goldman Sachs to invest in Aston Lark for 'at least five years'

Ten dice displaying the number five

Hastings relationship key to the deal.

Aston Lark confirmed that they had received investment of about £320m from Goldman Sachs, late last week (17 May) replacing former majority shareholder Bowmark Capital that funded the broker’s management buy-in in 2015.

Speaking to Insurance Age today Aston Lark CEO Peter Blanc said: “It’s a huge endorsement of what we’ve created so far, to get an international firm like Goldman Sachs’ interested in investment. Going forward it will enable us to expand our horizons even further”.

Blanc hopes

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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