Edgar Hamilton chairman Terry Wellard has issued a press release stating that he will work past his planned retirement date of January 1, as the firm prepares to merge with FE Wright to become Sterling Hamilton Wright.

Wellard will stay on to oversee the new agency management and marketing division. He will also become a non-executive director on the Sterling Hamilton Wright board.

FE Wright has been bought by Edgar Hamilton's parent company Sterling Insurance Group.

Wellard said he was delighted to be asked to continue working with the company.

"I've insisted that my energies be solely devoted to the wholesale activities in our group,' he said.

"I welcome the ongoing challenges presented by this fascinating industry – particularly the current developments that look set to arise from the changes in distribution."


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