Insurance Age

LFC Insurance refinances with Macquarie Bank

Essex-based commercial broker, LFC Insurance, has refinanced with Macquarie Bank in order to move forward with its acquisition plans. Managing director Jerry Clayton said that its original bank had been facing some difficulty and that Macquarie was able to offer the funding the broker needed. As a result of the deal with Macquarie, LFC said it would announce several new business acquisitions over the next three months.