Everywhen
Towergate snaps up Swansea-based broker
Move follows hot on the heels of its purchase of the corporate retail book of business from AFL Insurance Brokers.
Ardonagh creates international unit led by Des O'Connor
Move comes as Ardonagh Global Partners makes its first deal in the United States.
Atlanta buys telematics broker Marmalade
Marmalade was set up 15 years ago and specialises in drivers under 34.
Ardonagh's Ross "incredibly frustrated" with CMA over Bennetts
The CEO describes the experience, which saw the deal divested following CMA interventions, as an "extraordinary waste of money" as Ardonagh publishes 2020 results.
Ardonagh’s Ross “angry for the industry” over "ill-informed" BI backlash
Ross says an industry working group was “on the cusp” of solving the issue around Covid-19 BI claims, when the opportunity was “taken out of our hands” due to the FCA’s test case.
Ardonagh reveals £217.5m cash paid for deals in 2020
The figure includes its buy of Bravo Group, which owns Broker Network and Ethos, and its Arachas acquisition.
Consolidation of the consolidators next step as broker M&A targets reduce
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.
Ardonagh buys specialist M&A broker
Hemsley Wynne Furlonge, which will be bought by Ardonagh subsidiary Hamilton Investment Bidco, brings £10m of revenue and 17 staff to the group.
Ardonagh makes Australian move
Resilium, a network with 150 ARs across Australia, has joined the consolidator.
Ardonagh buys specialist PI broker
Hera Indemnity, which specialises in professional indemnity insurance for solicitors and brings GWP of £41m, will become part of Ardonagh Advisory alongside brands including Ethos Broking, Broker Network, Compass UK and Towergate's regional branch…
Finch buys Compass member Headley Group
Headley brings over £13m in GWP to the Ethos-owned broker.
Compass London Markets teams up with Bishopsgate Insurance Brokers
Parent company Ardonagh says move will give UK brokers access to the Lloyd's market and follows its deal to buy Compass owner Bravo Group in August 2020.
Berkeley Alexander develops landlord product
The provider has teamed up with Auto Legal Protection Services for the legal expenses and rent guarantee proposition.
Geo Underwriting moves into the captive market with latest acquisition
The purchase of Robus by the Ardonagh-owned MGA has been hailed as a “powerful addition” by Geo CEO Derek Coles.
Ardonagh reveals 14.4% growth in adjusted Ebitda
The business says it has a "robust forward-looking pipeline" after making five deals in Q3 2020.
Ardonagh Specialty reshuffles management team
Broker makes series of promotions as it revamps its top team.
Geo Underwriting expands into marine and leisure with deal
Ardonagh's MGA arm buys £8.5m GWP book of business from KGM.
ICO confirms investigation into Ardonagh cyber incident
Ardonagh says it has found no evidence of customer, carrier, or broker data leaving its estate as the Towergate website remains unavailable.
A-Plan deal sees Howden become "new force" in regional broker space
What next for Howden following the investment from HG and its buy of A-Plan? Insurance Age talks to key experts.
Ardonagh buys Lloyd Latchford
Motor broker will be brought into the Atlanta Group, joining Autonet, Carole Nash and Swinton.
CMA forces Ardonagh to u-turn on £26m Bennetts buy
Ardonagh has proposed to reverse the deal and divest of the motor broker following the threat of an “expensive and burdensome” phase two competition probe.
Ardonagh reports adjusted Ebitda of £99.9m
The Towergate and Atlanta parent published results for the first six months of 2020 and reveals prices for Arachas and Bravo Group.
Aston Lark hires UK Retail MD
Warren Dickson will take up the newly created role next month.
CMA: Ardonagh’s Bennetts buy raises competition concerns
Government body says Ardonagh and Bennetts have five working days to address the CMA’s concerns, after it found that the merged company would face “only little competition” from other much smaller motorcycle insurance specialists.