Oval buys corporate insurance business of Sheafmoor Brokers

Oval has bought the majority of the corporate insurance business of Sheafmoor Brokers in Sheffield. The eleventh acquisition for the company gives Oval a £10m gross written premium base. The new Sheffield office will be led by John Proudfoot, a former director of Sheafmoor, which was set up in 1966. Mr Proudfoot said: "Oval believes in the personal service that local brokers offer so well. We are Sheffield people dealing with Sheffield and South Yorkshire clients."