The integration game

jigsaw

Growing speculation over Marsh’s possible acquisition of Jelf sparks broker warnings over integration

Marsh is eyeing up Jelf for a possible acquisition after the latter revealed on the London Stock Exchange that the two brokers are in the early stages of talks.

Both parties have refrained from commenting on the potential deal but spectators looking in from the outside have hailed the potential acquisition as a “good buy”.

Peter Blanc, executive chairman of Aston Scott, commented: “If I were Marsh I would be pleased with myself. It’s a good business and would enable Marsh to get into the UK SME

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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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