Business

Aston Lark acquires Mainstay Insurance

The acquisition will reportedly allow Mainstay Insurance to enhance its overall value proposition for customers and staff.

Aston Lark has acquired Mainstay Insurance for an undisclosed sum, marking the London-based insurance company’s first acquisition of 2022.

Based in Hove, Mainstay Insurance offers commercial insurance and risk management solutions, with particular specialisms in the leisure industry, property owners, and professional indemnity.

The company was founded by Richard Gorrill in 2013, initially with a small clientele. Gorrill is now the managing director who, alongside his team, has been responsible for growing the business.

Peter Blanc, Aston Lark Group CEO, said: “Richard and his team have a fantastic reputation and I’m delighted that they chose Aston Lark for their future home. Welcome aboard.”

Gorrill added: “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. 

“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.”

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