Consolidator Chase Templeton buys specialist advice firm

Third deal in 2016 for consolidation outfit

clock • 1 min read

Private medical insurance consolidator Chase Templeton has acquired Leeds-based Independent Health Insurance Services.

The deal is the third to be completed this year. It brings in 540 clients and £1.56m of annual premium income. Some 60% of the firm's revenue comes from the SME clients. Health Insurance Services was founded in 2002 by Wayne Jackson who has decided to pursue other business interests. Jackson said: "When I decided to sell-up, Chase Templeton was an obvious and attractive choice. "Not only does the company have the funds available to facilitate smooth transactions, but the experience and infrastructure necessary to integrate and take good care of the acquired client base." The ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Partner Insight: Unlocking protection opportunities – advising high net worth clients

Partner Insight: Unlocking protection opportunities – advising high net worth clients

Jon Fuller, Head of Specialist Protection at Royal London, considers the nuances in advising high net worth clients

Jon Fuller, Head of Specialist Protection at Royal London
clock 22 May 2024 • 4 min read
Listen and learn: Protection must change how it communicates

Listen and learn: Protection must change how it communicates

'Maybe it's time we start to make fewer assumptions'

Kevin Carr and Alan Lakey
clock 30 April 2024 • 4 min read
Cognitive biases in advice and the psychology of insurance

Cognitive biases in advice and the psychology of insurance

A look into client decision making and its effects on protection uptake

Jaskeet Briah
clock 25 April 2024 • 5 min read