Mergers & acquisitions (M&A)
Giles makes Midlands acquisition
Giles Insurance Brokers has announced the acquisition of the retail broking division of James Hampden Insurance Brokers.
Brightside to raise £9m for acquisition
Brightside Group is set to raise £9m via the placing of 36 million new ordinary shares in order to part fund the acquisition of the eCar and eBike insurance brands.
Bluefin completes first acquisition in planned consolidation surge
Stuart Reid has acquired the general insurance business of Peterborough based G M Towns & Partners.
CCV makes third acquistion of the year
Cullum Capital Ventures (CCV) has acquired the general insurance portfolio of DTE Risk & Financial Management.
News review: April 2010
Capita Insurance Services set its sights on becoming the largest niche motor broker in the UK, according to the managing director of its most recent acquisition Sureterm Direct.
Agenda: Going for growth in a tough market
There is little doubt that brokers have got it tough. The anticipated hardening of the market is a long time coming despite bold words by insurers, the economy is only recovering hesitantly with the important construction sector still in the doldrums and…
News: Opinions differ regarding true meaning of acquisition activity
Industry experts have voiced conflicting opinions over whether a recent rise in insurance market acquisitions signalled a return to the frenzied purchasing of the past or was merely a "blip".
Shariah-compliant insurer aims to recommence trading
Principle Insurance Holdings has announced the conditional sale of subsidiaries, Principle Insurance Company (PIC) and Principle Marketing Services (PMS) to Al Salam Group Holding Company.
Marsh boosts leadership team following HSBC Insurance Brokers acquisition
Following completion of its acquisition of HSBC Insurance Brokers (HIB) on 1 April, Marsh is adding to its UK national corporate leadership team to drive growth across the combined operation.
Pavey Group acquires commercial team and book of business
Pavey Group Exeter has acquired the commercial insurance team and clients of Exeter based insurance broker RK Shipman.
Junction snaps up Bradford & Bingley's motor and home insurance business
Junction, the affinity specialist intermediary, has announced its acquisition of Bradford & Bingley’s motor and home insurance business.
Henderson is on the acquisition trail in Leeds
Henderson Insurance has announced the takeover of Denney O’Hara.
Capita snaps up motor insurance broker
The Capita Group has acquired specialised motor insurance broker, Sureterm Direct.
Chase Templeton acquires again
Isle of Man-based Chase Templeton Group has acquired Jigsaw Healthcare, the Cheshire-based private medical insurance (PMI) specialist.
RSA and Axa named as potential bidders for Quinn, according to reports
Dutch insurance giant Eureko, RSA and Axa have been named among the 20 or so predators circling the Quinn Insurance group, according to reports in Ireland.
Lanes Assistance Services in MBO
Gresham, the UK mid market private equity specialist, has completed an investment of £12.3m in Lanes Assistance Services (LAS).
Chase Templeton acquires PMI specialist
Chase Templeton Group has acquired Healthcare Quotations (HQL), the Oxford and Gloucester based private medical insurance (PMI) specialists, for an undisclosed sum.
Invicta following through on growth promise
Personal lines start-up Invicta Insurance Services has made its second acquisition since its launch by former Woodstock Insurance Brokers operations manager Steve Gamage.
Invicta aims high in buying Lowe
Invicta Insurance Services has made its second acquisition: Sevenoaks-based Lowe Insurance
Gallagher aquires FirstCity
Arthur J Gallagher (AJG) (UK) has today signed an agreement to acquire substantially all of the (re)insurance broking business of FirstCity Partnership.
Doodson Group goes global with US merger
Doodson Broking Group UK, and Crossfields Insurance Brokerage, based in the US, have merged to create a global firm in the live music and entertainment sector.
Oval buys JL Fisher & Co
With an annual GWP of around £9m and employing 20 staff, Oval said the acquisition of J L Fisher would strengthen its increasing presence in the South West region
Abba bought by RG Ford
Chelmsford-based RG Ford Insurance Brokers has completed the first of the five acquisitions it said it expected to make in 2010
Clear makes 11th acquisition to secure access to specialist markets
Howard Lickens describes the purchase as a "great opportunity to expand into a new area"