Jensten deal spend tops £70m as losses widen
Jensten’s post-tax losses worsened to £32.8m in the year ended 31 March 2023, from £21.5m the year before.
The deterioration came as spending ballooned to £73.3m, just over double the £36.2m spent in the prior period.
Jensten’s purchases in the financial year included SME specialist managing general agent Origin UW, Leeds-based broker Ravenhall Risk Solutions, J. Bennett & Son Insurance Brokers, based in High Wycombe, and its Oxford-based subsidiary, Mathews Comfort & Co.
The list also featured the Kidderminster Coversure franchise, motor trade and fleet specialist Bellegrove, as well as Basil Fry &
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