Goldman Sachs-backed insurance broker Aston Lark continues its acquisition spree with the purchase of Venture Insurance Brokers.

Based in Bristol, Venture Insurance was established to offer traditional insurance advice to both businesses and individuals.

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The business particularly specialises in professional indemnity insurance, property management, haulage, small business solutions and risk management.

Aston Lark Group CEO Peter Blanc said: “From our initial meeting with the Venture team we have been continually impressed with their ‘client first’ approach which sits perfectly with the ethos of Aston Lark.

“We’re excited about further expanding our presence in the South West, following our earlier acquisition of Brunel Professions, and the growth opportunities we now have in Bristol and the surrounding areas.

“We are particularly pleased that the senior leadership team at Venture have chosen to invest part of their proceeds into Aston Lark as a commitment to long term Group ambitions.”

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Venture Insurance managing director Simon James said: “It is with great delight that we are able to announce that we are joining forces with Aston Lark. Peter Blanc and Stuart Rootham are traditional brokers, and this provides us with continuity and gives us the confidence that clients and staff will continue to be looked after in the same way for years to come.”

This comes days after Aston Lark acquired inet3, trading as magenta insurance, and Scotland based Bruce Stevenson Insurance Brokers.

In January, the company acquired Isca Barum Insurance Brokers, an independent insurance broker based in Exeter.