Jensten snaps up broker to strengthen regional presence

Insurance distribution business Jensten Group has acquired Scrutton Bland Insurance Brokers as part of plans to expand its presence in East Anglia, a statement released yesterday (12 December 2023) said.

Scrutton Bland caters to clients looking for both commercial and private insurance and has a particular focus on commercial property.

Jensten said the deal will bring a team of more than 50 and gross written premium (GWP) of £22m to the business.

Rob Organ, manging director of Jensten Retail, said: ”Scrutton Bland Insurance Broker’s reputation for providing a high-quality and tailored service to clients across East Anglia, as well as their specialist offering to charity and agricultural communities, makes them a great new addition to Jensten.”

Regional presence

This acquisition came after Jensten completed a deal to acquire East Anglia-based One Broker Group (3 November 2023).

Scrutton Bland will join One Broker as Jensten pursues regional and specialist centres of excellence strategy, focused on growing both a broader regional footprint and a larger number of specialisms.

Tim Mulley, who is a director at Scrutton Bland, will continue to lead the business, reporting to Sean Clark, Jensten Insurance Brokers’ regional managing director.

“It was important to us that we join a business with a good cultural fit and a clear focus on clients. It was evident right from the beginning that this was the case with Jensten,” he said.

”We have a strong presence in the East Anglian region and preserving that local connection with our clients was important for us.

”We wanted to join a business that was able to support our growth, offer continued stability to our clients, at the same time as genuinely appreciating the significance of preserving our regional connection.”