HCF completes GSI (Edmonton) Ltd swoop

Founder "very much looking forward" to working with new colleagues

HCF completes GSI (Edmonton) Ltd swoop

Insurance News

By Terry Gangcuangco

Earlier this year, Heath Crawford & Foster Ltd (HCF) disclosed having exchanged contracts in a deal involving an unnamed London insurance broker. Now the latter’s identity has been brought to light.

“Delighted to announce that we… have completed the acquisition of the clients and assets of GSI (Edmonton) Ltd,” said HCF founder Paul Weinberg (pictured) – who established the Watford-based business in 1982 – in a LinkedIn update.

“Very much looking forward to working with Deniz Gunes and all of the staff.”

Gunes, who was a company director at GSI (Edmonton) Ltd, now serves as senior sales executive at HCF.

Financial details of the finalised transaction, meanwhile, were not outlined.

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