The deal marks a ‘significant stride’ in the intermediary’s ‘schemes and affinities growth’, says managing director

Jensten Insurance Brokers has acquired Sutton-based specialist broker Henry Seymour and Co, to bolster its schemes and affinities capability and support its multichannel distribution model across its retail, digital and wholesale arms.

Henry Seymour and Co runs a number of specialist insurance schemes for professionals. This includes catering for salons, clinics, gyms, spas and mobile or freelance therapists via its Salon Gold proposition, as well as servicing the trade and construction sector with its Tradesman Saver offering.

Following the transaction, Henry Seymour and Co’s managing directors, Darragh Timlin and Dean Laming, will remain with the business and report to Simon Henderson, managing director of schemes and affinities at Jensten Insurance Brokers.

The deal, which is subject to regulatory approval, will also see 22 staff based at Henry Seymour and Co’s Sutton office join Jensten, bringing with them around 66,000 policyholders.

‘Key milestone’

Speaking on the deal, Henderson said: “This acquisition is a significant stride in our schemes and affinities growth, enhancing our capacity to offer market-leading digital propositions and specialist support to a diverse range of clients with niche requirements.

“Welcoming the team from Henry Seymour and Co is a key milestone in our commitment to strengthening the level of service and expertise within Jensten.

“This announcement is further proof of our ability to source and attract great quality businesses and bring them into the Jensten environment, where they can flourish.”

Timlin added: “We wanted to join a group where our specialisms, staff and expertise would be valued and where we’d be supported to continue growing the business and delivering for both our clients and partners.

“Jensten was an obvious choice for us and we are looking forward to the growth opportunities this relationship will provide – both for our people and our customers.”