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Aston Lark reveals Protean Risk acquisition

Aston Lark reveals Protean Risk acquisition | Insurance Business

Aston Lark reveals Protean Risk acquisition

Aston Lark is back on the acquisition trail.

The Chartered insurance broker, backed by Goldman Sachs, has this morning revealed a swoop for Lloyd’s broker Protean Risk, a specialist that focuses on the investment industry along with the fintech and technology sectors.

The deal marks the first acquisition for Aston Lark since the Goldman Sachs investment and CEO Peter Blanc (pictured above) said he “couldn’t be happier” with the deal.

“From my first meeting with Nathan Sewell [Protean Risk CEO, pictured below] and Jason Edwards [Protean Risk COO], it was clear that the whole team at Protean share the Aston Lark passion for customer service,” he said. “Protean are a truly specialised business and, by joining forces with Aston Lark, we now have a top-quality financial institutions team.”

Sewell shared in Blanc’s enthusiasm, expressing his own delight at the move.

“From the beginning it was clear that we share the same values in terms of how we work with our clients, the market and our colleagues,” he said. “The Protean journey has been an exciting one and we look forward to continuing the successful development of the business within the Aston Lark group.”