Markerstudy snaps up Zenith

Markerstudy Holdings has acquired Zenith Insurance, incorporating Link Insurance and the UK service company GHL Insurance Services, from Guardian Holdings.

With a £300m gross written premium target for 2010, to include acquisitions and organic growth, Markerstudy said this latest purchase secures £140m GWP for the group.

Kevin Spencer, Markerstudy Group CEO, said: "2010 will undoubtedly be an exhilarating year for us. Our intention is to operate both insurers separately, maintaining both brands.

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