Aston Lark has purchased specialist Lloyd’s insurance broker Protean Risk, which focuses on the investment industry, financial services as well as the fintech and technology sectors.

The deal marks the company’s first acquisition since completing an investment deal with Goldman Sachs last month.

Chief executive officer of Aston Lark, Peter Blanc said: “Protean is a truly specialised business and, by joining forces with Aston Lark, we now have a top-quality financial institutions division.”

Chief executive officer of Protean Risk, Nathan Sewell said: “We are delighted to be working with Blanc and the team at Aston Lark.

“The Protean journey has been an exciting one and we look forward to continuing the successful development of the business within the Aston Lark group,” he added.

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