Consolidation
End of Year Review 2025: Axa Retail’s Matt Field
Matt Field, intermediary director at Axa Retail, hails the insurer’s domestic violence proposition; keeps a keen eye on its NPS; and predicts new entrants to shake up the retail personal lines market, with a particular focus on data and technology.
SRG reveals deal spend in takeover year
Specialist Risk Group’s parent spent £327.32m on 10 deals in 2024, the year the takeover by Warburg Pincus and Temasek completed.
Clear moves into Scotland with Cairn Corporate buy
Clear Group has made its first purchase in Scotland snapping up commercial broker Cairn Corporate based in Kirkcaldy, Fife.
Partners& enters Lloyd’s market buying 3DI
Partners& has acquired 3 Dimensional Insurance, marking its entrance into the Lloyd’s market, in its second deal of the week.
Cullum-backed MBP takes minority stake in Sturdy Edwards
Minority Broker Partnerships has bought a minority stake in East Grinstead-based Sturdy Edwards (Insurance Brokers).
Partners& makes double acquisition with Avenue and Ko-bolt deals
Partners& has purchased two businesses, specialist trade credit and surety bond broker Avenue Insurance Partners and B2B debt recovery business Ko-bolt International, in a move to boost its wider proposition.
Jensten reveals first deal of the post-Bain Capital buyout era
Jensten Group has acquired commercial broker Northern Counties which has offices in Gateshead and Glasgow.
Mission aiming to launch six more MGAs by end of 2026, says CEO Dingwall
Accelerant-backed MGA incubator Mission is looking to almost double the number of UK/EU firms under its auspices to 15 by the end of 2026, according to CEO Ross Dingwall.
GTCR and Synova completes investment in JMG Group
Chicago-headquartered private equity firm GTCR has completed its investment in Leeds-headquartered JMG Group alongside existing backer PE house Synova and the broker’s leadership team.
JMG makes trio of family-run broker buys
JMG Group has snapped up three family run brokers, Glowsure Insurance Brokers, James Brown & Sons and R Todd Insurance Services, in its fourth hat-trick of the year.
JMG buys insurtech broker Taveo
JMG Group has snapped up the insurance broking trade and assets of Glasgow-headquartered Taveo Group.
Jensten reveals five Coversure buys in roster of 10 deals over the past year
Jensten’s purchase of Martin Insurance Services, as reported by Insurance Age, was the tenth since the last set of announced deals in August 2024, the broker has confirmed.
PIB reveals first purchase since Gallagher talks ended
PIB Group has bought general insurance specialists Guernsey-based Ross Gower Group, expanding its presence in the region.
Interview: John Page, CEO of DR&P Group on the journey from £3m to £32m Ebitda and the vision for £55m
“We’ve never positioned ourselves as a consolidator. We’re really keen to be the brokers’ broker,” DR&P group CEO John Page tells Insurance Age.
Intact invests in Top 100 UK Broker Adler Fairways’ owner UKGI Group
The parent company of Top 100 UK insurance broker Adler Fairways has secured financial backing from Intact Financial Corporation, Insurance Age can reveal.
Brown & Brown seals All Medical Professionals deal
Brown & Brown has bought specialist digital broker All Medical Professionals which trades as All Med Pro Dental.
US consolidator buys London-based £100m GWP MGA
US-based managing general agent consolidator Bishop Street Underwriters has acquired Avid Insurance, the niche multi-disciplined MGA.
Partners& buys Midlands broker
Partners& has snapped up family run Nottingham-based commercial broker Pargeter & Associates.
Jensten confirms £2m GWP broker buy
Jensten has bought commercial broker Martin Insurance Services in Kent.
Top 100 UK Brokers 2025: Introduction
Another year, and another wave of consolidation and M&A taking out some major players from our annual Top 100 UK Broker ranking.
Howden expands into North Wales with latest buy
Howden has purchased Llandudno, North Wales-based broker, Gott & Wynne, expanding its presence into the region.