Acrisure
Sutton reveals 25% growth in Acrisure sale year
Sutton Group grew turnover by 25% to £21.1m in the year it was snapped up by Acrisure.
Acrisure’s Russell Scanlan buys construction specialist BLG
Nottingham-headquartered Russell Scanlan has bought Leicester-based Building & Land Guarantees.
News analysis: Employee ownership – how does it work for brokers?
Towards the end of 2023, Thomas Carroll became the latest broker to become employee-owned. Ida Axling looks at the benefits of the model for intermediaries and how the sale of Ten to Acrisure busted one myth that they cannot be sold.
Eleven targets hundreds of members in network in next few years
Dawn Derbyshire, managing director of Eleven Network, and David Bruce, Acrisure UK chief operating officer and network CEO, on building to be bigger and better.
The American consolidators are not done yet
Recent years have been notable for the amount of consolidation led by US-based insurance brokers. Ida Axling looks at whether these players are likely to continue doing deals at the same rate and what is driving these buying sprees.
Review of the Year 2023: CGI and Acrisure’s Andy Fairchild
CGI brand ambassador and Acrisure networks chairman and retail broking adviser Andy Fairchild celebrates one of life’s nice guys getting to lead the way, and a rebranding handled sensitively with real clarity and purpose.
Review of the Year 2023: Acrisure’s Mark McIlquham
In the first of our ‘Review’ series Mark McIlquham, president of Acrisure UK Retail, reflects on whether the 15-year cycle will see a large insurer buy a large broker, and how he’d recast the Barbie film with senior figures from its ‘network dream team’
What does it take to be a broker NED?
Broker non-executive directors need to have excellent communication skills, bucket loads of experience, and be mindful of conflicts of interest, experts tell Ida Axling.
Andy Fairchild peps up roles with Zing365
Former Broker Network boss and Applied Systems Europe CEO Andy Fairchild has joined insurance training specialist Zing365 as a board adviser and non-executive director.
Romero explores sale options as consolidators circle
Romero, one of the UK’s largest independent brokers, is exploring sale options, Insurance Age understands.
Top 100 UK Insurance Brokers 2023: Introduction
Welcome to the Top 100 UK Insurance Brokers, which Insurance Age has put together for a second year running with the help of Insuramore.
Top 100 UK Brokers 2023: Directory – £40m – £50m
Acrisure – Jensten Group – Lucida Group
Ten Insurance swings back to profit in 2022 before Acrisure sale
Appointed representatives network Ten Insurance Services swung back to a post-tax profit of £305,789 in 2022, reversing a loss of £101,425 in 2021.
Acrisure adds Modus to MGA portfolio
Acrisure has bought Modus Underwriting, its first MGA acquisition of the year.
Blog: Is operational efficiency the new battleground for UK consolidators?
It is time to change the record on consolidation from talk of double digit acquisition multiples to evidenced efficiency improvements, argues Andy Fairchild.
Acrisure targets drawing on strength of one infrastructure for Eleven Network
Acrisure has dialled up Ten Insurance Services to Eleven Network, promising a transparent model and “unique” offering in the sector, spanning across appointed representatives and directly authorised firms.
Acrisure buys AR network Ten Insurance
Acrisure has bought appointed representatives network Ten Insurance Services as it progressed its network plans, and will take the offering to market as “Eleven Network”.
Ex-Marsh Commercial leader David Bruce joins Acrisure
David Bruce joined Acrisure as chief operating officer and network CEO, Insurance Age can reveal.
M&A slips back from 2021 record to £4bn in 2022
Imas has calculated that the value of UK general insurance distribution M&A dropped to £4bn in 2022 from £5.6bn in 2021, Insurance Age can reveal.
Acrisure snaps up Affinity Brokers in Scotland
Acrisure has bought Glasgow-based Affinity Brokers in its 11th deal within the UK market.
Sutton Group profit and turnover soar in run-up to Acrisure sale
Sutton Group has reported ‘best ever’ figures as turnover and profit leapt by 15% and 50% respectively ahead of being snapped up by Acrisure.
‘Stacks and stacks’ of UK brokers still left to join us – Acrisure UK chief McIlquham
Despite evidence that the number of UK brokers available for purchase is diminishing, Acrisure's UK retail chief Mark McIlquham says there are still lots left attracted to its model.
Sutton Winson snapped up by acquisitive broking group
Sutton Winson and Sutton Specialist Risks have been acquired by Acrisure.
Top 75 UK Brokers: Analysis
2021 has been another fascinating year for the UK broker market. John Needham and Will Lanyon from PKF Littlejohn, an accountancy firm that focuses on the insurance industry, look at some of the main trends – including ownership, M&A activity, market…