Jelf completes acquisition of Clark Thomson

Jelf, a consultancy specialising in insurance, risk management and employee benefits and part of Marsh, the global insurance broking and risk management firm, has completed its acquisition of Clark Thomson, Scotland’s largest independent insurance broker.

Established in 1965, Clark Thomson is headquartered in Perth and has offices in Dundee, Glasgow, Inverness, Kirkwall, Oban, Elgin, Thurso, and Nairn.

With over 200 employees, Clark Thomson provides insurance broking services to small and medium-sized (SME) businesses, with particular expertise in the agriculture, renewable energy, food and drink, and retail sectors across Scotland, as well as providing personal lines insurance for individuals and families.

Jelf will combine its existing Scottish operations and Clark Thomson into a single business unit.

The combined business in Scotland will, subject to regulatory approvals, be led by Ben Bailey, managing director of Clark Thomson, and a management team drawn from across Clark Thomson and Jelf.

Phil Barton, CEO of Jelf, said: “I am thrilled to welcome Ben and his colleagues at Clark Thomson to the Jelf family. The combination of Jelf and Clark Thomson in Scotland significantly strengthens the advice and products we can provide to individuals, SMEs and mid-size companies right across the country. Our shared ethos means together we build a truly exceptional business for our colleagues, clients and communities alike.”

Mr Bailey added: “Together with Jelf, as well as the wider Marsh family, we will be able to build on the reputation we have earned for developing long-lasting relationships with our clients in Scotland.”