Allen & Allen Group expands business base

The Allen & Allen Group has expanded its business base by acquiring the name, goodwill and book of business of Tangent Holdings from its administrative receivers for an undisclosed sum. The business, which has £8.5m in gross premium income, will be merged with the group's existing activities at its headquarters in Hampton Hill, Middlesex. Chief executive Tony Allen commented: "We are always on the look out for mergers and acquisitions which strengthen our core business of providing non