Mergers & acquisitions (M&A)
Opinion: Consolidation crisis?
Clear Group’s Howard Lickens on why the big consolidators may be running out of brokers to buy
Towergate buys AFL Insurance Brokers retail book
The move follows Specialist Risk Group’s acquisition of its wholesale division.
Aon details plans for its board ahead of AGM
Document outlines two separate scenarios based on whether or not the WTW deal goes through before the meeting in June.
Ex-Towergate and Aviva boss Mark Hodges to join RSA
Hodges will become chair of RSA UK&I once the proposed sale to Intact is completed.
Ardonagh's Ross "incredibly frustrated" with CMA over Bennetts
The CEO describes the experience, which saw the deal divested following CMA interventions, as an "extraordinary waste of money" as Ardonagh publishes 2020 results.
Ardonagh reveals £217.5m cash paid for deals in 2020
The figure includes its buy of Bravo Group, which owns Broker Network and Ethos, and its Arachas acquisition.
PIB buys specialist M&A MGA Acquinex Group in European move
Acquinex has offices in London, Frankfurt, Warsaw and Copenhagen and the deal, which follows investment from Apax, is the consolidator's third this year.
Meeting private equity: Simon Peet, Livingbridge
Private equity is driving an M&A boom in UK broking but often we don't know who is behind it. Insurance Age gets to know the key figures.
The future for broking in Scotland?
As consolidators make a land-grab in Scotland, Martin Friel investigates the future for independents in the region.
Nexus-owned Xenia buys Status Credit
Deal will see the East Sussex-based trade credit broker become part of Xenia in April.
Aston Lark swoops for Irish broker in latest deal
Consolidator brings North County Brokers, based in Balbriggan in County Dublin, into the fold ahead of the rebrand of its Irish operations to Aston Lark Ireland in April.
Partners& creates northern hub with fresh deal
Bolton-based Ives & Taylor specialises in commercial lines, professional indemnity and private clients and brings 13 staff to Partners&.
GRP buys Leeds broker Lawrence Fraser
The broker will become part of Marshall Wooldridge which is GRP’s Yorkshire hub.
Lickens: Broker prices are “highest I have seen”
The Clear CEO spoke to Insurance Age following the acquisition of Luker Rowe and HIA and insisted that the ‘for sale’ sign at Clear won’t go up yet despite the hollowed out market.
Luker Rowe and HIA International join Clear
Clear Group now handles £225m in gross written premium.
Specialist Risk Group buy taxi experts Emrose Insurance Brokers
It is the fifth deal this year for SRG which is backed by majority shareholder HGGC.
DCJ makes first deal as part of GRP stable
Broker expands its footprint with purchase of Lincoln-based Sills.
Markerstudy focuses on further deals after Brightside buy
Gary Humphreys says the provider is actively looking to buy more businesses as he flags further consolidation in the personal lines space.
Mark Wilson's Abacai buys Dayinsure
The motor insurance specialist, which is Abacai's first acquisition since it launched last month, will remain a standalone business run by its current management team.
Howden buys superyacht broker STA Group
The business will become part of Howden and rebrand as Howden Sturge.
Consolidation of the consolidators next step as broker M&A targets reduce
IMAS director John Nisbet discusses how consolidators can continue to grow and warns that private equity backers could move on from the sector as a result of a “diminishing opportunity” in the broking market.
Blog: It’s Simply Business as Markerstudy finally lands Brightside
As Markerstudy acquires Brightside Jonathan Swift looks at a deal over seven years in the making that has highlighted a tale of two investments for Anacap.
SRG adds MGA CLS Risk Solutions to stable
It is the fourth deal this year for Specialist Risk Group and adds £30m in GWP to the business.
PIB buys Staffordshire broker in second deal of 2021
Element Hinton specialises in construction, waste, engineering and leisure and the deal follows investment into PIB by Apax Partners.