Broker
Ardonagh notches up seventh broker buy of 2023
Ardonagh Advisory has announced plans to acquire Westfield Brokers, its seventh broking buy of 2023.
Allianz targets doubling brokers in Accelerator Programme to 250 next year
Mike Thomas, director of distribution for digital and mid-market at Allianz Commercial, has set his sights on reaching 250 brokers in its Accelerator Programme next year.
Review of the Year 2023: Zurich’s David Nichols
David Nichols, Zurich Insurance UK head of retail reflects on the hype over the ‘war for talent’ and how RSA’s acquisition of NIG is symptomatic of the drive towards e-trading and serving brokers better.
Thomas Carroll creates Employee Ownership Trust
Thomas Carroll Group has handed over the reins to its 181 employees as part of an Employee Ownership Trust in a move the broker flagged as key to its long-term succession plan having never entertained the option of a trade sale.
UK property MGA to launch in January 2024
Real estate managing general agent Ventis is set to launch in January with capacity from Accelerant and the support of Mission Underwriters.
Biba reveals 2024 theme for first conference under new CEO Trudgill
‘What’s next?’ has been announced as the theme of the British Insurance Brokers’ Association conference in 2024.
Brown & Brown snaps up South Wales broker R McGee
Brown & Brown (Europe) has bought out R McGee Insurance Brokers based in Maesteg, Glamorgan, for an undisclosed sum.
Jensten buys Scrutton Bland in East Anglia
Jensten has added to its footprint in East Anglia buying Scrutton Bland Insurance Brokers to follow up its purchase of One Broker, which completed last month.
Review of the Year 2023: Academy Insurance’s Gilles Normand
Academy CEO Gilles Normand explains the problem with election manifestos and why AI poses little threat to the insurance sector as it has yet to get to grips with previous so-called game changers, such as digitisation.
How is broker M&A shaping up for acquirers and consolidators in 2024
With Insurance Age reporting on more than 100 broking deals alone in 2023, there still seems to be a healthy appetite for mergers and acquisitions in the sector. Saxon East reflects on the last 12 months and asks what the future has in store for further…
Clear Group widens reach with launch of European arm
Clear Group has launched a holdings business in Continental Europe, as it looks to make its first acquisition in the area, Insurance Age can reveal.
GIC buys out Cinven’s shareholding in Miller
Cinven, the international private equity firm, has reached an agreement for GIC to acquire its shares in insurance broker Miller.
Abacai to pull out of broker business with CCG book transfer
Abacai is to pull out of brokered business in 2024 transferring the panel book of subsidiary Complete Cover Group to UDrive, Insurance Age can reveal.
Review of the Year 2023: Sicsic Adivsory’s Nadege Genetay
Nadege Genetay, partner at Sicsic Advisory, risks hate mail by citing the FCA action on multi-occupancy building insurance as her highlight of 2023 and predicts some brokers might move away from commission to remuneration based on work performed.
Premium finance lenders ready to support brokers hit by BNP Paribas pullout
The leaders of broker-facing premium finance providers have reassured they can move quickly to help brokers affected by BNP Paribas Personal Finance’s decision to exit in 2024.
The Green Insurer launches on CDL’s Strata
The Green Insurer has opened for business claiming to be the UK’s first truly green car insurance broker.
AssuredPartners buys CIA Insurance
AssuredPartners has purchased Rugby-based CIA Insurance, a specialist landlord insurance broker.
SRG nets biggest deal to date with CBC buy
Specialist Risk Group has agreed to acquire London-based professional lines specialist, CBC Partnership.
QBE joins Biba as partner
The British Insurance Brokers’ Association has added QBE as a partner, its 23rd in total.
Review of the Year 2023: JMG Group’s Nick Houghton
Nick Houghton, CEO of JMG Group, reflects on the handsome multiples being paid for brokers and why he does not like the phrase ‘direction of travel’.
Policy Expert eyes accelerated growth after ADIA takes majority stake
Steve Hardy, CEO at Policy Expert, is confident that new majority backer ADIA understands the business and is well placed to support it going forward.
Ripe adds motorhomes and campervans to portfolio
Insurtech broker Ripe has expanded its product portfolio with the launch of motorhomes and campervans insurance.
Video Q&A: FullCircl CEO and co-founder Andrew Yates
Following its partnership with Acturis to integrate its SmartBroker solution, FullCircl CEO and co-founder Andrew Yates explains the benefits for brokers and future plans for the business.
Hallsdale Insurance buys ABR Insurance
The Broker Investment Group-backed Hallsdale Insurance has bought Allbright Bishop Rowley Insurance, based in Leicester.