FSP advises Bennett Christmas Insurance Brokers on acquisition of Sennet Insurance Services
A team at FSP has advised Bennett Christmas on its purchase of Canterbury-based independent broker, Sennet Insurance Services.
A specialist professional indemnity broker, Sennet Insurance Services handles over £1.3m gross written premiums. This acquisition marks the third for Bennett Christmas this year and the first anniversary of it joining as an Ethos Broking Partner in August 2019.
Tom Stripp, Bennett Christmas’ MD commented: “I’m humbled that Robert Ward and David Kenyon-Vaughan have trusted us with the legacy of their business, and pleased that our team will continue the excellent client care that the Sennet brand is renowned for in the Canterbury area and beyond. Sennet’s fantastic spread of business perfectly complements our current position and offers us fantastic growth opportunities”.
On working with FSP, Mark Bennett commented “This was the first completed acquisition that the FSP team have supported us on and we were delighted with their service. They were very professional and maintained the deal momentum proactively. We look forward to working with FSP again in the future”.
The team at FSP was led by Philip Stephenson (partner, corporate) with the assistance from Sian Ralph (solicitor, corporate), Alex Doig (solicitor, corporate) and Christian Meredith (solicitor, employment).