Broking Break: Your top five

Ten dice displaying the number five

Mergers, acquisitions, new Ardonagh leadership and a fresh FCA inquiry all hit the headlines this week.

5 - Merger with Wilsons a “fantastic fit”, says Bollington’s Chris Patterson

Chris Patterson, group managing director at the Bollington Group, has hailed the broker’s deal to merge with Wilsons Insurance Brokers as a “very good marriage”.

“This is a real significant opportunity and we’re really pleased with it,” Patterson told Insurance Age.

“We’ve been working on it for a long period of time.” The merger followed investment from private equity firm Inflexion.

 

 

 

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

GIC completes Miller deal

Institutional investor GIC has completed the takeover of Miller, buying out previous co-investor private equity house Cinven.

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