Camberford Law managing director Richard Sheikh decided to celebrate his firm's third aquisition in 18 months in style by smoking his favourite 'Cohiba'.

Lloyd's wholesale broker EJ Welton was acquired by Camberford Law from the Willis group and has built up a substantial business offering niche schemes for pubs, clubs and nursing homes among other businesses, to around 800 brokers.

Sheikh said he intends to develop EJ Welton's scheme business following a review of its existing lines.