Jelf acquisitions push GWP towards £250m
Jelf Group, the Bristol-based consolidator, has acquired Clarke Roxburgh and its subsidiaries: Clarke Roxburgh Insurance Brokers, Clarke Roxburgh Financial Planning and Clarke Roxburgh Mortgages and Gillingham-based Argyll Insurance.
A statement from Jelf said the acquisition of Clarke Roxburgh and Argyll would increase the group’s gross written premium (GWP) from approximately £175m to approximately £242m.
Alex Alway, group chief executive of Jelf , said: “Clarke Roxburgh is one of the leading regional insurance brokers with a strong reputation in the market. Our corporate activity continues and the acquisitions of Clarke Roxburgh and Argyll represent nearly a 40% increase in our GWP, taking us to £242 million.”
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