UK Broker Aston Lark Buys Phoenix Healthcare in 2nd UK Acquisition of 2022

January 6, 2022

Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced Phoenix Healthcare (UK) as the latest addition to the group.

Established in 1996 in Oadby, Leicester, Phoenix Healthcare is a leading independent UK broker and adviser specializing in all aspects of corporate healthcare provision.

Financial details of the deal, which is Aston Lark’s second acquisition of 2022, were not disclosed.

Paul Wright, founding director of Phoenix Healthcare, said: “Both Lee Shorter and I have over 35 years’ experience in the industry, and are delighted to choose Aston Lark as the long-term partner for our business. We firmly believe that they will be a great home for our staff and share our client-first approach to corporate healthcare broking.”

“Becoming part of Aston Lark and having access to their resources and products will provide great opportunity for further helping our clients,” added Lee Shorter, founding director of Phoenix Healthcare, added:

“When I first met Paul and Lee, it was clear that they share the same client service ethos as Aston Lark. We’re becoming a real powerhouse in Private Medical Insurance, and I’m delighted to welcome Paul, Lee and their team to the Aston Lark family,” commented Peter Blanc, Aston Lark Group CEO.

Aston Lark has more than 1,700 employees across more than 55 offices in the UK and Ireland, 200,000 customers and more than £1 billion of GWP. Its expertise spans all commercial sectors, industry-specific schemes, employee benefits consultancy, and a wide range of private client solutions.

Source: Aston Lark

Topics Mergers & Acquisitions Agencies

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