Jensten boosts board as it closes Tasker acquisition deal

The  Jensten Group, an insurance distribution group of companies, has completed its acquisition of the Tasker Insurance Group, and appointed new executives to its board.

The deal includes Tasker Insurance Brokers, Tasker & Partners and Gresham Underwriting.

Tasker's acquisition is the third this year for the retail broking, Lloyd’s and London Market placement and specialist underwriting group following the addition of Packetts and Advance.

Completion of the deal also sees Robert Organ take on the role of managing director, Jensten Retail and Graeme Lalley, COO of Jensten Group with responsibility for technology and operations, business transformation, HR, and facilities. Both join Jensten Holdings' board alongside group CEO Alistair Hardie, group chief financial officer Ed Hannan, and wholesale managing director Simon Taylor.

Hardie said: “Tasker is an excellent business and a strong strategic fit providing us with enhanced scale in each of our core business areas – retail insurance broking, Lloyd’s and London Market broking and specialist underwriting.  We are delighted to have completed the deal.”

“Our innovative model for acquisitions, combined with the flexible proposition we offer to management, staff and clients, makes us an attractive alternative for high quality community brokers looking to find new investors,” he added.

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.