Aston Lark has acquired Neon Sapphire Underwriting Limited, a licensed Guernsey insurance manager.
The deal has been completed by its joint venture vehicle Spring Partners (Holdings) Limited from Neon Holdings UK Limited.
Bedell Cristin, which advised Aston Lark on the deal, worked closely with Eversheds Sutherland throughout the transaction and was led by Guernsey Managing Partner, Kate Ovenden, assisted by Managing Associate, Lee Osborne.
"We were delighted to act as Guernsey advisers to Aston Lark on the first acquisition for the MGA platform involving a strong local insurance business," said Mrs Ovenden. "We wish Neon Sapphire every success in the future."
Pictured top: Bedell Cristin's Guernsey Managing Partner Kate Ovenden.
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