The Broker Investment Group
Cullum and McCaffrey on Minority Broker Partnerships’ aim to hit £100m GWP by end of 2026
Launched without much fanfare, Minority Broker Partnerships reunites Peter Cullum and James McCaffrey into the intermediary investment space. However, as the pair tell Jonathan Swift the market has changed since their last attempt - with younger brokers and niche specialists coming to the fore in a sector where PE and banks are rolling back support.
The future of SME and mid-market broker trading
At a recent roundtable hosted by Insurance Age in partnership with Eaton Gate, leading brokers examined how digitalisation, e-trading and MGAs are reshaping SME and mid-market trading.
Cullum-backed investment vehicle supports MGA’s Series A funding round
Minority Broker Partnerships, an investment vehicle backed by Towergate founder and former Global Risk Partners [now Brown & Brown Europe] chairman Peter Cullum, has backed drone specialist MGA Moonrock Insurance for an undisclosed sum.
Haggart joins TBIG from Hedron as Clapp switches to deputy chair
Ex-Hedron Network boss Chris Haggart is joining The Broker Investment Group as group CEO, the consolidator has confirmed with Dave Clapp switching to be deputy chairman.
TBIG buys Romford broker KSL Thomas
The Broker Investment Group has completed its fifth acquisition of 2025 with the purchase of Romford-based KSL Thomas & Co.
TBIG backs Deva to buy David Vaughan & Co
The Broker Investment Group-backed Deva Risk Group has bought insurance broker David Vaughan & Co, adding offices in Dolgellau and Machynlleth, North Wales.
TBIG secures third deal of 2025
The Broker Investment Group has increased its shareholding in Mayfair Insurance to 100%, representing the final stage of a two-step succession plan.
TBIG broker nears £10m with latest acquisition
The Broker Investment Group has secured its second deal of 2025.
TBIG starts 2025 M&A push
Beam Insurance Solutions, part of The Broker Investment Group, has bought Bridgnorth-based KDH Insurance Brokers.
Blog: Where have all the acquisitions gone?
The number of M&A broker deals appears to have slowed down when compared to last year. Is this a sign of things to come or just a blip in momentum? Rosie Simms analyses the data.
New analysis: A short history of broker rebrands as Ardonagh bins ‘Towergate’
Yesterday Insurance Age revealed that Ardonagh Advisory is to become Everywhen, with the long-standing brand Towergate among those disappearing. Jonathan Swift takes a look at other post-2000 broker rebrands for pointers as to whether it might be…
Analysis: Fortune favours the bold – Is 2025 a ‘golden opportunity’ to join the M&A bandwagon?
With deals at an all-time high – but shrinking in size – and with the established consolidators becoming more picky, could 2025 be the perfect time for smaller brokers to start buying? Jonathan Swift mulls the hypothesis.
CEO Dave Clapp sets £400m target for The Broker Investment Group
The Broker Investment Group is aiming for 10 deals this year and double-digit organic growth to help reach its new target of £400m of gross written premium by the end of 2028, Insurance Age can reveal.
People Moves: 25 – 29 November 2024
Keep up to date with the latest insurance industry personnel moves.
Deva buys Wrexham-based Tudor Insurance
Deva Group has struck its first deal since The Broker Investment Group upped its stake in the firm to 75% this summer.
TBIG-backed Beam buys Julie Price & Co
JPM Group, trading as Beam Insurance Solutions, has bought Hinkley-based £2m gross written premium broker Julie Price & Co.
TBIG increases shareholding in Deva to 75%
The Broker Investment Group has increased its shareholding in the Deva Group to 75% from 49%.
TBIG takes majority stake in £14m GWP broker
The Broker Investment Group has taken a majority shareholding in JPM Group, the holding company for BEAM Insurance Solutions, which operates at The Waterfront in Brierley Hill.
The Broker Investment Group ups stake in Glowsure to 49%
The Broker Investment Group has increased its stake in Droxford-based Glowsure Insurance Brokers to 49%, having first invested in 2017.
TBIG invests in Deva
The Broker Investment Group has taken a minority 49% stake in Chester-headquartered Deva Risk Group in its sixth deal of the year.
TBIG increases stake in Hathaway & Cope to 75%
The Broker Investment Group has increased its ownership of Hathaway & Cope, a managing general agent with delegated authority, to 75%.