Jelf has made its eighth purchase in nine months with the acquisition of Reading-based commercial insurance broker, John Wason Insurance Brokers.

As part of the deal, Jelf has taken over the broker's £4.5m insurance book, as well as its 16,000 clients and 14 employees.

Jelf deputy chairman Michael King said: “John Wason Insurance Brokers was a well established commercial insurance business which, through joining the group, enhances our existing team. Having been aware of Wason's for many years, I know it is made up of professionals who share our commitment to providing a premium service for clients.

"This deal continues our ambitious strategy to be the leading corporate consultancy in Southern England and Wales and re-enforces the Jelf Group's credentials as the fastest-growing commercial insurance broking business in the South West.”

John Wason, managing director of John Wason Insurance Brokers, said: “Joining the Jelf Group creates an exceptional opportunity for our clients to benefit from an enhanced range of services and unparalleled expertise. Being part of a larger organisation will offer staff enhanced career development prospects and greater security in a rapidly changing marketplace.”