Insight
CEO Dave Clapp sets £400m target for The Broker Investment Group
The Broker Investment Group is aiming for 10 deals this year and double-digit organic growth to help reach its new target of £400m of gross written premium by the end of 2028, Insurance Age can reveal.
Brown & Brown rebranding 100 brokers
Brown & Brown is rebranding approximately 100 brokers as it unifies its UK retail broking operations in the first quarter of 2025.
Commercial Express adds Irwell to panel of insurers
Managing general agent Commercial Express has partnered with Irwell Insurance which has joined its panel of insurers.
Acorn Group buys telematics specialist MyPolicy
Merseyside-based Acorn Group has bought MyPolicy, a telematics insurance broker specialising in young drivers and low mileage drivers.
MarshBerry: Labour CGT change sees 2024 hit deal record after 41 buys in Q4
The final three months of 2024 saw the second highest number of quarterly broker deals, according to the latest M&A market update from MarshBerry.
Van Ameyde UK to come under Woodgate & Clark brand
Woodgate & Clark and Van Ameyde UK have confirmed plans to become one integrated business under the Woodgate & Clark brand.
Aviva continues regional push with five underwriting hires
Aviva has revealed five underwriting hires across the South West and Wales region as it continues its regional push.
People Moves: 2 – 10 January 2025
Follow the latest insurance personnel moves.
Partners& close to breaking even as turnover jumps £10m
Partners& has reported a pre-tax deficit of £55,954 for the financial year to March 2024, as it slashed losses again.
Ecclesiastical recruits Medlicott as UK casualty director
Ecclesiastical Insurance has appointed James Medlicott as UK casualty director, joining in March from HDI Global where he was director for liability underwriting.
Ex-Axa COO Vasudeva returns to Hiscox
Hiscox has named Shali Vasudeva as group chief operations and technology officer, returning to the insurer after leaving for Axa in 2019.
Analysis: As we enter 2025 let’s ask one big question: ‘What will Marsh do next?’
Gallagher, Aon, Ardonagh and Howden have all had a busy 12 months in terms of consolidating their positions within the UK’s top five insurance brokers table. Their fellow intermediary powerhouse Marsh, however, has been comparatively quiet. Jonathan…
Young broker looks to grow skills on Aviva’s Rising Stars programme
Aviva Rising Stars participant Poppy Keys, commercial broker executive at ABA Insurance Commercial, confirms she is already seeing changes to her role thanks to the programme.
Organic growth and deals boost Bspoke to over £13m turnover
Bspoke achieved organic income growth of over 30% on established business in the year ended 30 March 2024, chief commercial officer Ryan Gill has confirmed to Insurance Age as turnover topped £13m.
Caravan Guard profits and turnover grow for 2024
Halifax-based Caravan Guard has reported a 9.9% increase in profits before tax to £3.99m for the year ended 31 March 2024.
Iprism broadens capacity deal with Zurich
Managing general agent Iprism has signed a multi-year deal with Zurich bringing in capacity for its property owners and commercial combined products.
SRG details acquisition spend in run-up to PE deal
Specialist Risk Investments, bought by Warburg Pincus and Temasek last year, spent over £65m on deals in 2023 and has detailed subsequent outlays.
Intellectus and Consultus join forces
Intellectus Insurance Brokers has entered into a strategic partnership with Consultus Insurance Brokers.
Blog: What’s in store for 2025
With 2025 already here, Rosie Simms looks at key themes that will run through the year and why it is important to stay ahead on acquisitions, AI and regulation.
Brokerbility adds Apollo Insurance Brokers to network
Apollo Insurance Brokers has joined the Brokerbility network to support its growth strategy.
JMG purchase costs drop to £19.6m in 2023/24
JMG Group spent £19.63m on acquisitions in the year ending 31 March 2024, settling the bulk of the bill in cash.
Aviva pledges more than £4m to Citizens Advice
Aviva has renewed its multi-year partnership with Citizens Advice, pledging more than £4m to the charity, following its two-year investment in 2022.
Turnover and profit flat at Kelliher in 2023
Kelliher Insurance Group has posted £16.54m of turnover and £854,121 of pre-tax profit for 2023.
Jensten deal spend £119m in 2023/24
Jensten spent £119.35m on acquisitions in the year ended 31 March 2024, adding to investments of £73.3m and £36.2m in the previous two years.