Broker expands its footprint with purchase of Lincoln-based Sills.
Gary Humphreys says the provider is actively looking to buy more businesses as he flags further consolidation in the personal lines space.
The motor insurance specialist, which is Abacai's first acquisition since it launched last month, will remain a standalone business run by its current management team.
The business will become part of Howden and rebrand as Howden Sturge.
IMAS director John Nisbet discusses how consolidators can continue to grow and warns that private equity backers could move on from the sector as a result of a “diminishing opportunity” in the broking market.
Insurance Age takes a first look at the Aviva Risk Insights Report which considers Covid-19, Brexit, cyber, climate change and the part of brokers.
It is the fourth deal this year for Specialist Risk Group and adds £30m in GWP to the business.
Element Hinton specialises in construction, waste, engineering and leisure and the deal follows investment into PIB by Apax Partners.
Canadian insurer Intact is set to buy RSA's Canadian and UK & International operations in the second quarter of this year.
Markerstudy finally gets its hands on the specialist personal lines broker after being rejected for undervaluing the broker in 2013.
Bristol-based broker Venture Insurance has joined the Peter Blanc-led business.
GI CEO Colm Holmes says provider has taken a proactive approach to paying claims as he discusses how Aviva was impacted by the BI test case and comments on its 2020 results.
Profit before tax was driven by strong reserve releases and lower claims frequency.
CEO Amanda Blanc sees opportunities for "material growth" in the UK market as commercial lines premiums continue to grow.
The deal doubles property capacity for the MGA which is part of broker Willis IRM.
JM Glendinning has acquired specialist insurance services firm Nowell & Richards for an undisclosed sum.
Provider says results were impacted by the pandemic, as COR worsened to 114.5% while GWP remained flat.
The MGA is chartered and based in East Anglia.
The Budget swerves IPT rise and Entrepreneurs’ Relief escapes for now but Corporation Tax increases to 25%.
CEO discusses the need for the insurer to rebuild its brand and reputation as a result of the BI disagreement as insurer posts £192.4m loss for 2020.
GRP purchased Birmingham-based Newstead in January this year and described it as a “flag in the ground” in the city as it seeks to build its presence.
Horton is set to become group CEO of QBE in Australia later this year as Beazley names chief underwriting officer, Adrian Cox, as his successor.
Stay up-to-date with the latest personnel changes in insurance.
The latest issue of Insurance Age is digital only due to the most recent lockdown.