A-Plan spent £9.4m on Jelf's personal lines business

Bag of money

A-Plan has confirmed that it paid £9.4m for Jelf’s personal lines business.

Jelf and A-Plan announced a strategic partnership in January this year, which saw the majority of Jelf’s personal lines business move across to A-Plan.

A-Plan chief executive officer, Carl Shuker, told Insurance Age: “Jelf got a good price for the business and we bought a very good business that we’re happy with. It’s a win-win arrangement.”

Jelf declined to comment when approached by Insurance Age.

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