Stackhouse Poland Acquires LFC
Stackhouse Poland has further cemented its position as one of the country’s leading independent insurance brokers with its acquisition of the business of LFC Insurance Brokers together with certain assets. This includes the business of Shield Underwriting.
LFC, with offices in South Woodham Ferrers and Eastbourne, was founded in 1988 and specialises in the Commercial, Property & Professional insurance sectors together with some High Net Worth business, so similarly aligned to Stackhouse Poland.
This latest acquisition, which moves the Stackhouse Poland Group closer to the £100 million GWP barrier and extends their operating footprint to 7 locations in London and the South East. In addition the company has three specialist joint venture companies including Green Park Insurance Services & HFM Columbus Insurance Services, specialising in the provision of insurance to wealthy private clients and commercial property owners.
Jerry Clayton, Managing Director of LFC said, “It was important that we found a successor firm with a similar cultural service ethic that would look after our clients with the same level of personal service and advice that they have enjoyed in the past. Stackhouse Poland has a fantastic reputation for high service standards and so it is a perfect fit for the business moving forward”.
Stackhouse Poland’s Managing Director Jeremy Cary commented, “Our strategy continues to be focused on strong organic growth in our chosen sectors and additionally via acquisition of like-minded companies. LFC has exactly the same relationship and advice driven approach to their Clients in the ‘White Collar’ sectors in which we both operate. We are really looking forward to working with their team and continuing to build our specialist business.”