Wales
People Moves: 18 – 22 November 2024
Follow the latest insurance 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.
Broking Success: Fiercely independent
Paul Wadsworth, managing director of FR Ball, is looking to grow the business to £24m gross written premiums as it aims to offer soft landings for acquisitions.
Broking Success: Right opportunity
Matthew Collins, founder and managing director of Ascend Broking, targets growing from £14m to £50m gross written premiums in five years as the firm positions itself as a viable alternative to larger brokers.
Welsh broker strikes another deal
Abergavenny-headquartered FR Ball Insurance has acquired Howells Insurance in Llantwit Major.
Howden grows presence in Wales with Cardiff office
Howden has opened an office in Cardiff as it seeks to be a prominent force in the commercial broking sector in South and West Wales.
AssuredPartners expands into Wales with LT Insurance buy
AssuredPartners has added to its UK footprint buying South Wales-based LT Insurance Services.
Sporting Sponsor: Towergate and Cardiff Devils
Insurance Age caught up with Howard Phillips to find out more about Towergate’s sponsorship of the Cardiff Devils.
Howden expands presence in Wales
Howden has opened a new office in Swansea, as part of its commitment to strengthen its position in the South and West Wales region.
Welsh broker takes part in the BBC’s The Traitors
Commercial account executive Andrew Jenkins is starring in season two of the BBC’s The Traitors show in the hope of winning £120,000, over 20 years after he nearly died in a road traffic accident.
Thomas Carroll creates Employee Ownership Trust
Thomas Carroll Group has handed over the reins to its 181 employees as part of an Employee Ownership Trust in a move the broker flagged as key to its long-term succession plan having never entertained the option of a trade sale.
Brown & Brown snaps up South Wales broker R McGee
Brown & Brown (Europe) has bought out R McGee Insurance Brokers based in Maesteg, Glamorgan, for an undisclosed sum.
WTW expands GB operations with two leaders and new Cardiff office
WTW has appointed Chris Milnes to run the North and Scotland.
Aston Lark continues expansion with Reading branch
Aston Lark has opened an office in Reading – its third new branch in 2023 – as part of the broker’s regional push.
Zurich flags rise in commercial crime claims as firms face average losses of £140,000
Theft at work in England and Wales has jumped by a fifth (19%), according to data released by Zurich.
Burns & Wilcox launches healthcare liability product
Burns & Wilcox has launched a new healthcare product line within its specialty lines practice. The offering will be available to insurance brokers and care organisations within England, Wales and Scotland.
GRP buys BPW in South Wales
Global Risk Partners has made its third purchase of 2023, snapping up BPW Insurance Services in its first Welsh buy of the year.
CII warned PFS members could break away amid board row
The Chartered Insurance Institute faces a walk out from Personal Finance Society members upset over disagreements at board level.
Development Bank of Wales invests in start-up broker
The Development Bank of Wales has invested £250,000 in Cardiff-based Driverly leading a pre-seed investment round of £525,000.
Bravo Networks offers staff fully funded apprenticeships
Bravo Networks is offering its members the opportunity to grow their staff through fully funded apprenticeships, provided by learning and development company Raise the Bar.
County Group buys North Wales broker
GRP’s County Group has acquired broker Business Insurance Specialist for an undisclosed sum.
H&H expands in Wales with Wrexham office
H&H Insurance Brokers has opened an office in Wrexham to be its administrative hub for its Wales operation.
GRP expands in Wales with Prescott Jones buy
Global Risk Partners has bought Swansea-based Prescott Jones for an undisclosed sum.
County Group buys Taylor Francis
GRP-owned County Group has bought the business and assets of Taylor Francis in its fourth deal of the year.