Momentum
Momentum Equity Partners launches
Momentum Broker Solutions has created Momentum Equity Partners – backed by investor AUB – to support its appointed representatives with acquisitions and starting loans, Insurance Age can reveal.
Newbie News: CastleBridge Risk Solutions
CastleBridge Risk Solutions founders, Tim Grant and James Dunsby, tell Insurance Age how the business will focus on service, the importance of relationships, and all about its partnership with Cornerstone Finance Group and Imperial Chartered.
Interview: Bob Pybus, CEO of AUB UK Retail
Having been named CEO of AUB UK Retail last September, Bob Pybus reflects on his route to the role, tells Insurance Age about the deals struck so far and shares his plans to grow to a £1bn business.
AUB UK Retail targeting 25 deals in 18 months
AUB UK Retail is looking to make 25 buys before the end of next year, with CEO Bob Pybus eyeing up building a £1bn premium business through acquisitions and organic growth, Insurance Age can reveal.
News analysis: Does the UK broking community actually need another network?
With Jensten becoming the latest addition to the network landscape in March, Martin Friel assesses whether the sector is over subscribed and reflects on how these operations have evolved over the last three decades.
Zurich to launch network trading branch for mid-market in Q3
Zurich is building a mid-market business servicing centre for network members to go live in the third quarter, Insurance Age can reveal.
Momentum increases revenue 21% in 2024 as it grows financial support for members
Appointed representative network Momentum hit £97m gross written premiums last year growing 21%, as founder and managing director Howard Pepper looks to continue financial support for its ARs following AUB investment.
People Moves: 17 – 21 March 2025
Stay in the loop with the latest insurance personnel moves.
AUB reports Momentum and Movo deal costs
Sydney-headquartered AUB Group has revealed the costs of snapping up 40% of appointed representatives network Momentum Broker Solutions and 80% of fellow AR offering Movo Group last year, and promised more deals to come.
Market Movement Index: Brokers cutting agencies to focus on fewer insurers
Analysis from Broker Insights shows brokers are consolidating agency numbers and ending relationships with smaller, less useful, insurers. Rachel Gordon breaks down the data.
Intellectus and Consultus join forces
Intellectus Insurance Brokers has entered into a strategic partnership with Consultus Insurance Brokers.
News analysis: Acquisitional independent brokers are on the rise, but are they any different to consolidators?
Whilst larger international and private equity backed-brokers might get the most headlines when it comes to mergers and acquisitions, they are not the only firms looking to buy. Martin Friel looks at the emergence of a host of smaller independent…
Bob Pybus named CEO of AUB UK Retail
Industry stalwart Bob Pybus has been appointed CEO of AUB UK Retail, with Tom Wilson leading wholesale broking as CEO of Tysers.
“Nobody came close to AUB” – CEO Cheesbrough on Movo’s new investor
The Movo Group is looking to create larger broking hubs and kickstart its directly authorised network Fusion after AUB took an 80% equity stake, according to Lea Cheesbrough, Movo Partnership CEO.
Momentum investor AUB takes 80% stake in Movo Group
Australian broking giant AUB Group has agreed to acquire an 80% equity stake in the Movo Group of Companies.
Aureum Insurance Brokers launches in Milton Keynes
Aureum Insurance Brokers has launched as a trading name of Momentum, targeting property, construction, motor trade, manufacturing, IT & technology and professional services business.
AUB boss looks to leverage scale as it invests in Momentum
Howard Pepper, founder and managing director of Momentum Broker Solutions, is “excited” by access to the London market through Tysers, after Sydney-based owner AUB signed up to buy a 40% stake in the appointed representatives network.
AUB takes 40% stake in Momentum
Tysers owner AUB Group has signed up to buy a 40% equity stake in appointed representatives network Momentum Broker Solutions, subject to regulatory approval.
Momentum to increase funding to help members acquire and recruit
Momentum Broker Solutions is looking to provide more financial support for its appointed representative partners, according to founder and managing director Howard Pepper.
Momentum profit soars 60% as revenue also leaps
Momentum Broker Solutions increased profit before tax by 60% to £1.8m last year as it grew revenue to £15.23m from £11.69m in 2022.
Interactive insurance broker UK M&A Map 2024
In 2023, Insurance Age reported on 114 UK broker deals with Brown & Brown Europe leading the way with 21.