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Acquisitive broker Stuart Alexander has been linked with a deal for London-based Bishop Skinner. Post understands the deal could be sealed by the end of the week.
Bishop Skinner specialises in several principle areas, including yacht and boat insurance, household, commercial and motor. Stuart Alexander currently runs operations from three offices in the City of London, Southampton and Bournemouth, and has 100 employees.
It would be the first buy since Stuart Alexander's chief executive Stuart Reid told Post it was looking to grow through acquisition in March. He stated it plans to increase its premium income from around £50m to between £75m to £100m during the next five years, mainly through acquisitions. Bishop Skinner would help add £10m.
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