Business solutions company buys Lloyd’s broker
Liberty Blume has bought Lloyd’s broker PHL Insurance Brokers in its first strategic M&A transaction.
The buyer was launched last year by multinational telecommunications company Liberty Global to deliver tech-enabled business services across multiple sectors.
Liberty Blume detailed the purchase will strengthen its financial solutions arm including enhancing its consumer, commercial and specialist insurance capabilities and accelerating the development of insurance products.
The new owner listed that PHL has specialisms spanning financial lines, property and casualty insurance classes on both a
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
‘Road-tested’ proposition for brokers selling is what market needs, says Fairchild
Brokers are ‘underserved’ in the mergers and acquisitions market, according to IDEX Consulting CEO of M&A Andy Fairchild as he explained the rollout of IDEX’s new offering.
Ex-Das boss named HSB UK and Ireland CEO
HSB UK and Ireland has appointed former Das UK CEO Andrew Burke as CEO, subject to regulatory approval.
Aviva rolls out Global Risks Management Solutions in commercial lines
Aviva has launched its Global Risk Management Solutions proposition that unites 230 risk consultants across the UK, Ireland and Canada with Chris Andrews, director of risk management solutions UK, leading the UK and Ireland proposition.
Former Oneglobal CEO joins McGill and Partners as CFO
McGill and Partners has named Mike Reynolds as group chief financial officer.
People Moves: 25 August – 5 September 2025
Follow the latest personnel moves in insurance.
RSA names e-trade vice-president
RSA has appointed Becky Henry as vice-president of e-trade for its UK commercial lines business with immediate effect.
Open GI adds Alps to provider suite
Open GI has partnered with managing general agent Alps, bringing add-on landlord legal and rent protection policies to the platform.
‘Scrap the FCA’ – Arron Banks unveils Reform’s ideas for a self-regulating insurance industry
Arron Banks has revealed Reform UK is considering scrapping the Financial Conduct Authority, allowing brokers to self-regulate, if it forms the next government.