HPS
Review of the year: March 2018
As we moved into spring brokers were interested in the names of the top five most complained about insurers, Axa inking a $15bn deal with XL, the collapse of CBL and Alpha as well as mergers and acquisitions.
European Commission approves two deals for Ardonagh owners
HPS and MDP are set to add to their insurance portfolio with the acquisitions of Capita Specialist Insurance Solutions and PFP.
Broker Network will collaborate not merge with Compass, confirms Andy Fairchild
CEO says network has new deals in the pipeline as revenue rises in 2017.
Broker Network buys Weald Insurance Brokers
Surrey-based broker to be the network's sixth "regional powerhouse".
Former Jelf boss Alex Alway joins Broker Network as chairman
Alway steps up as chairman of both Broker Network and Compass following the purchase of Compass by HPS and MDP.
News analysis: Could and should Compass and Broker Network merge?
Speculation over the future of the two networks as brokers respond to HPS’s Compass buy
Quizzical questions: 2 March 2018
Test your knowledge of the week's news with our topical quiz.
Towergate and Broker Network owners HPS and MDP buy Compass
Compass sells after its 2016 MBO from Arthur J Gallagher.
Towergate-owner Ardonagh Group to buy Carole Nash
The Group revealed that contracts have been exchanged in the deal which is valued at between £60m and £65m and also announced it is set to purchase Mastercover.
Profit slips for Autonet
2016 results reveal cost of acquisition by Towergate-backer HPS Investment Partners and show policies in force increased.
Ardonagh Group posts fall in Ebitda but rising income
Firm says one-off costs impacted the results, while its change programme is reaching its final stages.
Ardonagh Group buys Healthy Pets
Pet specialist is the firm's first purchase since its creation.
Towergate chief Ross hints at Ardonagh Group IPO - report
David Ross looks at growth options for the group.
Broker Network posts rise in revenue after "extraordinary year"
CEO Andy Fairchild outlines the network’s strategy and talks about acquisition plans and the growth of independent brokers.
Towergate holding group rebrands as Ardonagh Group
New name replaces KIRS which covered Towergate, Autonet, Direct Group, Chase Templeton and Price Forbes but businesses will retain their own brands.
Ryan Direct Group eyes acquisitions as it rebrands after takeover
Company was bought by Towergate owners earlier this year.
Quizzical questions: 23 June 2017
Test your knowledge of the week's news with our topical quiz.
Towergate backers complete £800m fund raising
Chase Templeton and Direct Group purchases also completed.
Towergate owners confirm new debt interest costs
KIRS prices up £800m of bond debt.
News analysis: Towergate investors to create insurance giant
Market reacts to HPS and MDP plans to amalgamate their UK insurance investments – including Towergate, Autonet, Chase Templeton, Direct Group and Price Forbes – into one group