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Heath Lambert posts profit, explores options

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LONDON— London-based insurance brokerage Heath Lambert Group has announced a 19% increase in profits for the first half of 2007, and has appointed corporate finance advisory firm Hawkpoint Partners Ltd. to look at its long-term financing options.

Heath Lambert's profit before tax was up to £10.2 million ($20.7 million) compared with the same period in 2006.

The brokerage said it will work with Hawkpoint to decide which of the options available are most appropriate.