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Consolidation continues in September

September saw many high profile acquisitions completed, proving that consolidation of the insurance ...

September saw many high profile acquisitions completed, proving that consolidation of the insurance broker market is not slowing down.

Newmarket-based Davis Group was acquired by Axa in September through the broker's subsidiary, Venture Preference, which purchased Smart and Cook, Stuart Alexander and Layton Blackham earlier this year. Chief executive Leigh Smart will remain at the Davis Group, which has around £40m of gross premium income.

Cardiff-based ProtectaGroup announced its 11th acquisition

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SRG broker to wholesale pothole damage cover

Strategic Insurance Services has launched a vehicle insurance product designed to cover damage caused by potholes, making it available to brokers on a wholesale basis for private motor and commercial fleet clients.

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