Mergers & acquisitions (M&A)
WTW calls shareholder meeting on Aon deal
A meeting of Willis Tower Watson shareholders has been called as US Department of Justice calls for more information on the £22.9bn merger.
Jensten to continue M&A pursuit
Simon Taylor, managing director for wholesale, discussed the future of the business as it is announced Bob Darling is set to step down.
Pen Underwriting reveals £1bn GWP target
Exclusive: The Gallagher-owned MGA sets out its new strategy as it unveils plans to grow by acquisition and expand into new product areas.
CMA launches investigation into Ardonagh's Bennetts deal
The government body is seeking comments on the deal in order to decide whether it "may be expected to result in a substantial lessening of competition" in the market.
Cullum-backed Ataraxia launches broker network
MD Adam Boakes says model will help brokers increase their income as well as provide them with a guaranteed investor in their business once they're looking to exit.
Jensten Group makes lockdown buy with Senior Wright deal
The moves adds £20m in GWP to the Jensten Group portfolio.
Miles Smith-owner SRG buys Insolvency Risk Services
The company purchased the administration specialist from MS Amlin as SRG teases further strategic partnerships.
GRP moves into health insurance sector with new deal
Towcester-based broker Premier Choice Healthcare becomes consolidator's healthcare hub.
Ardonagh moves forward with refinancing
The $500m ‘payment-in-kind’ toggle notes have been priced as the business progresses with £1.9bn refinancing which includes a $300m war chest.
Acturis reports revenue rise in 2019
Software house has also seen a dip in operating profit as results reveal it paid £10.8m for Canadian business Zycomp Systems last July.
Lord Hunt takes GRP main board role
Move follows Searchlight's purchase of a majority stake in GRP, which saw a number of management changes.
The Blog Spot: Ardonagh and Broker Network - will this lockdown family reunion have a happy ending?
With Broker Network returning to the fold, Insurance Age content director Jonathan Swift reflects on why Ardonagh Group is looking Back to the Future as its plots post pandemic growth.
Ardonagh buys Broker Network-owner Bravo Group
The consolidator announces $500m notes offering and flags £1.6bn equity valuation as it brings the network, along with Ethos Broking and Compass, back into the fold.
UK General returns to Primary Group
The organisation sold UK General to JC Flowers back in 2017 and the fresh deal sees management changes.
Castle Insurance Services set to make more deals
MD Paul Younger chats about the broker's acquisition strategy and details how the business has been impacted by Covid-19.
Jensten Group-funder makes Ireland move
Livingbridge has taken a stake in independent personal lines broker Chill Insurance.
GRP to close "a number of deals" within weeks
Group CEO Mike Bruce on the Searchlight deal, expansion plans and how the firm's M&A activity is "gaining momentum".
PIB culls top brands in its commercial specialty businesses
Move sees brokers including Cooke & Mason, DE Ford, Franklands, Lorica, Wilby and Cobra Insurance Brokers unite under the PIB Insurance Brokers brand.
Searchlight completes GRP deal
The move, which was first announced in February, sees founders Peter Cullum and David Margrett retain a minority stake in the business as Mike Bruce becomes group chief executive.
Thompson & Richardson buys Lincolnshire-based broker
The broker makes its first acquisition since becoming an Ethos Broking partner in December 2017.
Ethos partner Bennett Christmas buys energy broker
Deal is broker's second since becoming an Ethos Broking partner last August.
Blog: Succession planning amid the coronavirus crisis
Aston Lark's Peter Blanc, shares his thoughts on adapting the business and why M&A can continue to thrive post Covid-19.
PIB Group take reinsurance step with German broker buy
The business has purchased Marx Re-Insurance Brokers which is based in Munich.
Castle Insurance Services buys EW Knapton
The Durham based broker has added two branches and taken its GWP to £7m.