Marine insurance broker acquires superyacht specialist

United Kingdom
4th January 2021

Marine insurance broker acquires superyacht specialist

insurance broker Aston Lark acquires CRS Yachts
Business Type: Marine Insurance

Aston Lark, the UK-based insurance broker, has acquired the superyacht specialist CRS Yachts.

The chartered insurance broker Aston Lark, backed by Goldman Sachs, has purchased rival Lloyd’s broker CRS Yachts, also based in London.

CRS Yachts is a bespoke insurance brokerage company focusing solely on servicing superyacht owners and their yachts. Aston Lark has announced that CRS Yachts will maintain its branding and play an active role in the growth strategy of Aston Lark Europe.

In 2018, Aston Scott Group joined with insurance broker Lark Group, and Aston Lark now has 1,000 staff in 35 regional offices across the UK.

Robert Kennedy, Aston Lark’s Europe CEO, commented:

Simon Ballard, CRS Yachts CEO, believes the collaboration will be a strong one.

He commented:

Aston Lark has made a number of acquisitions in recent years, Group CEO Peter Blanc said, most recently MS Amlin/Haven Knox-Johnston.

He said of the acquisition:

About Aston Lark About CRS Yachts

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