were not revealed. Mainstay Insurance, based in Hove, England, was established in 2013 by Richard Gorrill. The company specializes in customized commercial insurance and risk management solutions, with a focus on the leisure sector, property owners, and professional indemnity.
Peter Blanc, CEO of Aston Lark Group, expressed delight over the acquisition. He said, “Richard and his team have a fantastic reputation, and I’m delighted that they chose Aston Lark for their future home. Welcome aboard!”.
Richard Gorrill, managing director and founder of Mainstay Insurance, spoke about the company’s reputation over the years. He said, “This company has built up a significant reputation over the years as a broker providing great service, whilst retaining that vital personal touch. This has allowed us strong client retention levels with our loyal and enduring customer base”.
Additionally, Richard Gorrill expressed hopes for future progress. He said, “But we appreciate we simply cannot afford to stand still in this rapidly evolving business world, and this acquisition brings additional opportunities not only for our clients, but for our magnificent staff too. We are looking forward to further enhancing our overall value proposition for customers and staff alike through being part of the Aston Lark Group”.
According to the report on October 13, 2021, Aston Lark, which is now financed by Goldman Sachs, will shortly be purchased by Howden. The company employs over 1,700 staff spread over 55 offices in the United Kingdom and Ireland, and serves around 200,000 clients, and generates over £1 billion in revenue. Its experience encompasses all business sectors, industry-specific schemes, employee benefit consulting, and a broad variety of private client solutions.
