Smyth flags M&A opportunity following UK General deal

Tim Smyth

UK General is planning to grow via M&A, new products and bring in fresh teams following investment by RCapital and Montague according to CEO Tim Smyth.

Insurance Age revealed that the deal had completed on 16 August and sees MGA UK General combined with the MGA support platform Precision Partnership.

Smyth said that no redundancies were planned as part of the deal and outlined that the merger means that the combined organisations can offer more to broker clients.

“The proposition is so much bigger,” he added.

The MGA, which highlighted the importance of finding new investment in its most recent results document, which flagged scenarios that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

SRG buys broker R3

Specialist Risk Group has bought specialist insurance broker, R3, its eleventh acquisition of the year.

Broking Success: Bletchley’s Angela Irvine

Angela Irvine, sales director of Bletchley, outlines how the Birmingham-based broker is looking to build on its solid foundations whilst its independent status is unlikely to change anytime soon.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: