Motor specialist Honcho has closed for business after three years of trading citing difficulty acquiring customers and the competitive environment as reasons for the closure.
R&Q has postponed the shareholder vote on being bought by Brickell until 25 May.
Think Insurance is currently looking at two more broker buys and has set a target of £30m gross written premium by 2025, commercial director Russell Bence told Insurance Age.
The motor and niche specialist has added to its commercial offering led by Russell Bence.
The deal would give shareholders a premium of around 20% on yesterday’s closing price.
The business stopped exhibiting at the trade association’s annual conference in 2017.
After a record breaking year for deals by value and volume, specialists analyse what is driving the market and where the acquisition rush will go next. Emmanuel Kenning reports.
The former Brightside boss has joined Hastings as non-executive director following Peter Blanc's resignation prompted by the Aston Lark-Howden deal.
Insurance Age content director Jonathan Swift charts consolidation among the top 100 intermediaries from 2010 to today and reflects on the biggest winners in terms of M&A success
Henry, formerly of Brightside, will also be MD of personal lines as the broker zones in on digital innovation.
The business is set to invest in its digital capabilities as MD, Ross Barrington, reflects on its Brightside deal and future M&A plans.
The former Brightside CEO is also going to join the company’s niche insurance brand, Peach Pi.
Simon Townsend joins Markerstudy following its purchase of Brightside earlier this year.
Bence, formerly of Markerstudy, was most recently with Complete Cover Group.
He becomes an independent non-executive director alongside James Illingworth and Jane Hayes.
CEO Chris McCann tells Insurance Age about entering the UK market post-Brexit and reveals the Dublin-based company’s plans for the future.
Deal comes after Brightside announced last November that Kitsune was to close the new business and go into run-off.
Higgins comes on board as group chairman
Gary Humphreys says the provider is actively looking to buy more businesses as he flags further consolidation in the personal lines space.
As Markerstudy acquires Brightside Jonathan Swift looks at a deal over seven years in the making that has highlighted a tale of two investments for Anacap.
Markerstudy finally gets its hands on the specialist personal lines broker after being rejected for undervaluing the broker in 2013.
Keep up to date with the latest personnel changes in the insurance world.
The decision puts 16 people at risk of redundancy from the organisation which launched in January 2019.
Seven industry figures have joined the forum which was launched by Peach Pi to collaborate on improving relationships with consumers and within the industry.