Superyacht insurers acquired by Aston Lark
Goldman Sachs-backed insurance broker Aston Lark has acquired the superyacht insurers ES Risks for an undisclosed sum.
The UK-based chartered insurance broker aims to grow business and strengthen its position in the UK and Irish markets with this acquisition of the superyacht insurers, which is the company’s 17th acquisition in 2021.
Peter Blanc, Aston Lark Group CEO, commented:
“The ES Risks team brings a whole range of specialist skills to the Aston Lark Group. These experts will help our offices across the UK and Ireland win more business and grow, and I’m very excited by the opportunities that are in front of us.
“Chris Hobbs has built a fantastic business and I’d like to welcome him and his whole team to the Aston Lark family.”
Peter Blanc – Aston Lark Group CEO
Established in 2007 and based in London, ES Risks is a registered Lloyd’s Broker providing bespoke and niche wholesale (re)insurance facilities to industry clients which include brokers, MGAs and (re)insurers across some 20 countries. They cover all classes of business, from marine and superyachts to aviation.
Chris Hobbs, Founder and CEO of ES Risks, said:
“Joining Aston Lark brings an exciting new stage in our journey and will create development and growth opportunities for our business and staff and provide our clients with an even greater breadth of capability and resource.
“It has been a privilege to lead ES Risks to our current level of success and I look forward to our continued growth in the years to come.”
Chris Hobbs – Founder and CEO of ES Risks