Market reacts to HPS and MDP plans to amalgamate their UK insurance investments – including Towergate, Autonet, Chase Templeton, Direct Group and Price Forbes – into one group
The motor insurer is being sold by majority owner BC Partners, according to reports.
Insurer says it overcame Ogden headwind and expects growth to continue with Sterling deal reflected in increased GWP.
A recap of the stories that grabbed your attention this week featuring LV and its secret discussions with insurers, Lloyd's on redundancies and Markerstudy's hints on buying.
Insurance Age content director Jonathan Swift picks through the potential of an Allianz - LV tie up to look at how both businesses might mutually benefit.
Insurance Age content director Jonathan Swift reflects on Swinton's latest branch closures and puts it in some historical perspective
LV says that discussions are at a very early stage but no decisions have been made as to the nature of any transaction.
Story suggests Allianz has made an approach to the mutual business.
Takeovers have once again come to the fore in this week’s news with two stories in the top five.
The Broker Network regional partner bought the Southampton-based business for an undisclosed sum.
Broker says deal will allow it to continue buy-and-build strategy.
Market reacts as software house buys rival and promises investment in technology
The network plans to take Boyd’s GWP from £12m to £20m in three years and called the broker a regional powerhouse.
It has been a week of finance related stories with two high profile acquisitions and three sets of company accounts making up the top five.
Deal is Stackhouse Poland's second this year.
Commercial director Suzy Middleton says being niche gives broker market advantage.
Parent company Xbridge also reports double digit turnover growth for 2016.
New logos, people moves, acquisitions and secret FCA warnings make up the most read stories of this week.
Open GI CEO Chris Guillaume notes that the aim is to combine the best bits of both companies' technologies.
Acquisition builds on purchase of Powerplace in 2013.
HPS Investment Partners and Madison Dearborn Partners are set to buy the provider according to market sources.
CEO Peter Blanc explains next steps after Bell & Co deal and praises staff for positive 2016 financial results.
David Clapp CEO said more deals are “in the pipeline over the next few months”.
The deal of Cynergie UK is Davies’ first acquisition since HGGC took a majority stake in the business in January.