French Broker looking to buy UK advisers

French corporate benefits intermediary Verlingue is looking to expand its UK operations by acquiring companies in the North-West and North-East of England.

The company, which acquired Alec Finch Group in January 2007, says it is wants to create a unified Anglo-French business and is targeting acquisitions of Northern firms with revenues of up to £4m.

Verlingue aims to build a pan-European insurance and benefits consultancy, and has named the Anglo-French component of the scheme “Project Synergy”.

Jacques Verlingue, president of the Verlingue group of companies, says since buying Alex Finch it has achieved a considerable amount of progress in sharing good practice on both sides of the Channel to create what it describes as a truly Anglo-French business.

The organisation’s integration process so far has included the appointment of Paula Williams as managing director in January 2008 and the strengthening of the sales team.

Verlingue says: “it is our published objective to build a pan-European insurance broking and employee benefits business.”