Jensten moves in for second deal this month

Deal

It has bought Advance Insurance Agencies to act as a specialist personal lines hub for its franchisees and broking operation.

The Jensten Group has bought personal and commercial lines broker Advance Insurance Agencies for an undisclosed sum.

Advance, which has offices in, Chippenham, Swindon, Westbury, and Trowbridge, presently handles £16m gross written premium (GWP) and has 82 staff.

The deal is the second this year for Jensten which has developed a buy and build strategy focusing on expanding its specialist capability. Earlier this month it acquired Packetts.

Hub
Jensten detailed that, in addition to commercial

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Markerstudy rebrands broking arm

Markerstudy Broking has been renamed to Markerstudy Distribution to encapsulate the range of products and services across the whole division, the business has confirmed.

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