Melville Burbage is engaged in providing commercial broking solutions. Credit: CrizzyStudio/Shutterstock.

UK-based insurance broking and underwriting company Jensten Group has closed the acquisition of Melville Burbage and Henry Seymour & Co after securing final regulatory clearance.

This move introduces an additional 37 specialist professionals and three offices to the Jensten network, contributing more than £20m in GWP to the business.

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The completion of these acquisitions signifies a major step in Jensten’s strategic expansion, enhancing its regional footprint across the UK.

Melville Burbage provides commercial broking solutions. It works with more than 5,000 businesses and individuals.

The company’s expertise spans various sectors including non-profit, construction and professional services.

Melville Burbage’s addition brings capabilities in engineering and printing sectors, which are new areas for Jensten.

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Operating under its Salon Gold brand, Henry Seymour & Co caters to the hair and beauty insurance market.

The company’s offerings are designed for salons, clinics, gyms, spas and mobile or freelance therapists.

Jensten CEO Alistair Hardie said: “Our ongoing efforts to expand our presence throughout the UK have brought us significant success. The recent acquisition of Melville Burbage demonstrates our firm commitment to strategically broadening our expertise and capabilities, with a focus on establishing regional centres of excellence.

“The integration of Henry Seymour & Co signifies a significant leap forward in the growth of our schemes and affinities business, enhancing our capacity to offer market-leading specialist support to a diverse range of clients with very niche requirements.”

Last month, Jensten unveiled a restructuring plan to foster growth and enhance the integration of its acquisitions.