Jensten Group has today announced the completion of its acquisition of J Bennett & Son Insurance Brokers and its subsidiary, Mathews Comfort & Co. Having received final regulatory approval, the deal brings a further 2,500 clients and 25 staff to the insurance distribution business.
In a Press release, Jensten Group noted that, as a combined broking business, High Wycombe-based J Bennett & Son Insurance Brokers and Oxford-based Mathews Comfort & Co work primarily with commercial clients locally. In addition, the business has a life sciences and biomedical field specialism, as well as insurance solutions for hot air balloon owners.
Alistair Hardie, Jensten Group CEO commented on the deal and highlighted that Bennetts brings a strong team, additional specialisms and a focus on delivering for clients that closely aligns with the group’s values.
“I am delighted they are now formally part of the Jensten family,” he said. “This acquisition also underlines our belief that with the right support the future remains bright for independent brokers dedicated to serving their clients’ needs – which is good news for the wider insurance market, for insurers and most importantly, for customers.”