Mergers & acquisitions (M&A)
The PB interview - Bill Cooper: Bright light in the gloom
Andrew Tjaardstra meets Bill Cooper, managing director for insurance in the financial institutions division at Lloyds TSB Corporate Markets. Despite being cautious about prospects for brokers as the UK's economic malaise continues, the firm is very much…
Marsh restructures Scottish leadership team
Marsh has announced senior appointments to its Scottish national corporate business, which provides risk and insurance advice for mid to large size corporates.
Halliwells files second notice to avoid administration
Halliwells has filed a second notice of intention to appoint an administrator in an effort to extend discussions on the sale of the firm without entering into administration.
MRIB buys J.N. Dobbin
High Wycombe based commercial and high net worth broker MRIB has bought local rival J.N. Dobbin for an undisclosed sum.
CCV buys Newcastle based Bishop Skinner
Cullum Capital Ventures has confirmed the purchase of Newcastle based broker, Bishop Skinner, its fifth acquisition of the year.
Fortis buys Kwik Fit insurance business
Kwik Fit has announced that it has entered into a binding agreement to sell its UK insurance business to Fortis for £215m in cash.
Glacier to be renamed following its acquisition
Torus has today completed the acquisition of Glacier Insurance AG from the Glacier Group.
Flurry of broker buys completed before CGT hikes come into play
A raft of broker acquisitions were completed before the rise in Capital Gains Tax (CGT) came into force.
Henderson secures £4.5m finance facility
Lloyds TSB Corporate Markets has revealed that it provided Henderson Insurance Brokers with a £1m finance facility to aid its acquisition of Leeds-based broker Denny O'Hara.
Knowlden Titlow hires sales and marketing manager
Former Towergate employee Michael Buse has been appointed sales and marketing manager at Norwich-based Knowlden Titlow Insurance Brokers.
Cooper Gay and Swett & Crawford confirm deal to create broking giant
Cooper Gay, the London-based independent wholesale, reinsurance and specialist retail insurance broker, and US wholesale broker Swett & Crawford have confirmed they are in advanced deal discussions.
Moorhouse targets £5m GWP broker acquisition
Welsh broker Moorhouse has announced that it is looking to complement its organic growth with the acquisition of an insurance broker up to £5m gross written premium (GWP).
Knowlden Titlow remains independent after sale
Norwich based commercial broker Knowlden Titlow Insurance Brokers has confirmed future growth plans following its acquisition by Robin Plaster for an undisclosed fee on 20 May.
Bridle Insurance expands into Wales
Bridle Insurance has announced the purchase of Swansea-based broker Associated Householders Services, which is better known as AHS Insurance.
CCV snaps up broker
Cullum Capital Ventures (CCV) has announced the acquisition of Hertfordshire-based brokers Humbergrove and Humbergrove UK.
Bluefin acquires another broker
Bluefin has acquired St Albans-based Gilbert Business Insurance Brokers (GBIB), Insurance Age has learnt.
Invicta makes four acqusitions
Invicta Insurance Services has made four acquisitions, which are all effective from 1 June 2010.
News: A series of broker buys fuels an increase in acquisition activity
The recent flurry of insurance market acquisitions has continued with a number of broker buys.
Giles makes Midlands acquisition
Giles Insurance Brokers has announced the acquisition of the retail broking division of James Hampden Insurance Brokers.
Brightside to raise £9m for acquisition
Brightside Group is set to raise £9m via the placing of 36 million new ordinary shares in order to part fund the acquisition of the eCar and eBike insurance brands.
Bluefin completes first acquisition in planned consolidation surge
Stuart Reid has acquired the general insurance business of Peterborough based G M Towns & Partners.
CCV makes third acquistion of the year
Cullum Capital Ventures (CCV) has acquired the general insurance portfolio of DTE Risk & Financial Management.
News review: April 2010
Capita Insurance Services set its sights on becoming the largest niche motor broker in the UK, according to the managing director of its most recent acquisition Sureterm Direct.
Agenda: Going for growth in a tough market
There is little doubt that brokers have got it tough. The anticipated hardening of the market is a long time coming despite bold words by insurers, the economy is only recovering hesitantly with the important construction sector still in the doldrums and…