Broking Break: Your Top 5

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Another acquisition and an FCA consultation were high on the most read list along with GRP’s results, Bluefin’s fine and a new MGA in Birmingham.

 

5) Broker Network buys Thompson & Richardson

Broker Network has bought Lincolnshire-based broker Thompson & Richardson.

The deal follows the acquisitions of Finch Group in October 2016 and Boyd Insurance in May 2017 and builds on its strategy to build regional powerhouses.

Broker Network confirmed that director Chris Travers and the rest of his senior team will stay on at Thompson & Richardson in order to “continue their acquisition programme”.

 

 

 

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April with Iprism and Ark to follow and more promised in 2024.

GIC completes Miller deal

Institutional investor GIC has completed the takeover of Miller buying out previous co-investor private equity house Cinven.

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