PE house Inflexion to invest £200m in new broker M&A platform
Inflexion, a European mid-market private equity firm, has launched an insurance broker platform looking to deploy £200m in M&A investment over the next four to five years, beginning with acquiring Ascend Broking Group.
Based in Chelmsford, Essex, Ascend specialises in commercial lines, healthcare and value-add risk management solutions. The business has grown to around 30 employees since it launched in 2017.
Founder Matthew Collins previously held senior roles at FMW, Oval and AJ Gallagher, and will be the group managing director of the acquisition platform.
Inflexion explained Ascend is the first of several broker deals it plans to make through its platform, with the aim of building a group of between four and
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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
FOIs reveal no brokers directly involved in motor insurance taskforce
The Financial Conduct Authority has confirmed insurance brokers and intermediaries did not directly form part of the Motor Insurance Taskforce review, according to a freedom of information request by Insurance Age.
Allianz UK prevents almost £174m in fraud in 2025 record
Allianz UK’s fraud team detected and saved nearly £174m in fraudulent claims in 2025, a record level for the insurer.
Watch brokers discuss whether MGAs are outmanoeuvring insurers in commercial combined
Commercial combined remains one of the most complex and relationship-driven areas of the insurance market, yet brokers increasingly report frustration when placing non-standard or emerging risks.
TL Dallas expands North Yorkshire footprint opening Harrogate office
TL Dallas has opened in Harrogate focusing on its high-net-worth offering, increasing its footprint in North Yorkshire.
ManyPets confirms social media clone
Pet insurance managing general agent ManyPets has confirmed a customer was contacted by an X account impersonating its brand and has issued a warning on how increasingly convincing scammers can appear.
Q&A: Pen’s Nick Wright
Nick Wright, chief business development officer at Pen Underwriting, tackles its recent M&A quietness, capacity in the market and the benefits to brokers from niche products. He updates on the goal of hitting £1.75bn GWP by 2030, streamlining its agency base and shares why he thinks the Gallagher-owned MGA will “go from strength to strength”.
McCafferty leaves chair role at BDH
Brendan McCafferty has left Top 100 Broker BDH, Insurance Age can reveal, with the business confirming it was an ‘amicable’ departure and there are no plans to replace the now former chair.
Axa updates two products
Axa UK Commercial has made enhancements to its offices and surgeries, and digital mini fleet products.