We’re excited to announce that Basil Fry & Company has been acquired by the Jensten Group
We're excited to announce that Basil Fry & Company has been acquired by the Jensten Group We're excited to announce that Basil Fry & Company has been acquired by the Jensten Group. The deal is subject to regulatory approval by the FCA. The Jensten Group is one of the UK's leading insurance distribution businesses and stands out in a crowded marketplace with a reputation for putting clients and people first. Greg Wildman, MD Basil Fry said: “Jensten focussed on the two most important areas of our business right from the beginning – our clients and our staff. We had various opportunities to consider elsewhere but it was clear that our shared ethos would make this transition a success. After significant sustained growth for many years, we needed to find a powerful partner to develop our service offering both in the UK and in Europe and we are very excited about the opportunities that Jensten will provide to us.” You can read the full statement below: - Jensten moves for market leader as it continues to build out its sector-focused niches The Jensten Group has today acquired specialist commercial broker Basil Fry & Company for an undisclosed amount. The latest deal, which is subject to regulatory approval, will bring an additional £25m GWP, 41 staff and over 2000 clients to the Jensten Group and is the second specialist, sector-focused broker acquisition to be announced in the last seven days. Established over 50 years ago, Surrey-based Basil Fry is the market leader in providing insurance solutions to the UK’s removals, storage and self-storage sectors. Well known throughout these sectors, and the insurance industry due to their expertise and established cross-class schemes, Basil Fry is the broker of choice for a number of the associated industry organisations. Managing Director Greg Wildman will [...]