Group CEO Paul Anscombe says the business is set to make acquisitions in the first half of the year, after pausing its deal-making plans in 2020 due to the pandemic.
The consolidator has purchased construction specialist UK & Ireland Insurance Services.
Survey shows that 43% of brokers used furlough scheme while 19% accessed other forms of government support when coronavirus pandemic hit.
MD Adam Boakes discusses its most recent investment, working with Peter Cullum-backed Minority Venture Partners and how the pandemic has affected the business.
The figures follow the management buy-out and include all areas of the business formerly known as Coversure.
Howard Lickens will move to the role of executive chairman as former A-Plan MD, Mike Edgeley takes up the CEO mantle.
The UK government, the Association of British Insurers (ABI), Euler Hermes and other underwriters have agreed to extend the State Support Scheme as providers warn of increased insolvencies.
KBIS was established in 1991 and specialises in horse, horsebox and trailer and equestrian business cover.
Parent company Ardonagh says move will give UK brokers access to the Lloyd's market and follows its deal to buy Compass owner Bravo Group in August 2020.
Global Risk Partners (GRP) has purchased Newstead Insurance Brokers for an undisclosed sum.
The business specialises in science and technology and private clients.
Brunel Group has expanded into North East England with the opening of a new office in Stockton-on-Tees.
Miles Smith-owner has been purchased subject to regulatory approval.
Shareholders are set to vote on the deal, which would see the UK part of the business sold to Canadian provider Intact, in January.
The FCA has said that no judgment will be handed down before January 2021.
Gallagher declined to comment on reports that it was in advanced discussions with the Manchester-headquartered business.
Poole-based Insync has joined the GRP portfolio for an undisclosed sum.
The regulator is asking for comments by 18 January 2021 and says it does not expect this aspect of the BI court case to be affected by Supreme Court BI appeals.
A mystery third party has also offered to make a material financial contribution to the company.
The campaign, alongside EC3 brokers and Hiscox, has written to the Secretary of State for Culture, Media & Sport, calling on the government to underwrite events contingency cover post-Covid.
Martin McKeague, representing Aubrey Weis, says allegations made in Axa’s defence documents would have “huge ramifications” on the insurance industry.
The motor provider has added Drivit to its portfolio as it seeks to shake-up commercial motor cover.
Property investor Aubrey Weis to rely on admissions made by Lockton in its defence documents at trial, after the broker admitted that a certificate of insurance for the 2019/20 policy year had been issued containing an error.
Group underwriting director Gary Humphreys says that the provider is speaking with a new carrier after it was forced to go "on hiatus" for new quotes in commercial lines almost a year ago.