Consolidator buys West Midlands broker for £18.3m in second purchase this week
Jelf has announced its second acquisition in as many days with the purchase of West Midlands broker Clarke Roxburgh for £18.3m.
This follows yesterday’s acquisition of Sussex and Kent-based broker Argyll for £9.94m.
The two acquisitions have increased the Bristol-based consolidator’s GWP 35%, from £175m to £242m. Clarke Roxburgh accounts for £46m of this growth. The broker operates from ten offices across the West Midlands.
Jelf chief executive Alex Alway said in a statement to the Stock Exchange this morning: “Clarke Roxburgh is one of the leading regional insurance brokers with a strong reputation in the market. Our corporate activity continues.”
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
