Phil Barton hails Clark Thomson buy as the "perfect deal"

Phil Barton

CEO says Jelf was previously underrepresented in Scotland and opens up on the potential for future deals.

Jelf CEO Phil Barton has said the broker’s purchase of Clark Thomson will accelerate its growth strategy and expand its Scottish footprint.

Barton told Insurance Age: “This deal advances Jelf’s strategy and allows Clark Thomson’s clients to access the breadth of services within Jelf in addition to what they have had in the past.”

Barton added that the deal came about because the two brokers had a lot of “fundamental similarities”.

“Ben [Bailey, Clark Thomson MD] and I have known each other

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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