Consolidation
In Person: Simon Cooter and Carolyn Callan, Covéa
On the 1st May Simon Cooter effectively handed over the commercial and high net worth director baton at Covea to Carolyn Callan and became in his words ‘minister without portfolio’. At last week’s British Insurance Brokers’ Association Conference…
GRP’s Cavendish Munro buys PI broker
Professional Insurance Agents is the first deal for Cavendish Munro since it was bought by Global Risk Partners in 2016.
Lorica's Stefan Puttnam exits one year after PIB acquisition
Firm has seen an number of employment changes as it works to merge the two brokers following PIB's acquisition of Lorica in March last year.
News analysis: What next at Aon?
Following the news that Aon had pulled out of takeover talks with Willis Towers Watson, speculation is rising about what the broking giant could do instead
InsurTech Futures: SPB UK acquires Loyal Insurance and Square Pound
The affinity speciality has bought both the firms which include the Insurance2Go and Better Buy Insurance brands.
Broker Network and Compass-owner launches Ethos with £300m GWP target
Broker Network Partners rebrands as Ethos to separate deals from its networks as CEO Des O’Connor reiterates that the networks will remain apart.
Tasker buys Castle Insurance Consultants
Castle specialises in tour operators, food and leisure, and health and beauty, and will act as a hub for the Lincolnshire region.
GRP-owned County buys Swinford Insurance Consultants
Purchase of West Midlands-based broker is County’s first deal of 2019.
Saffron buys Farmer Insurance Brokers
Deal is Saffron's third since it was bought by Broker Network a year ago.
Aston Lark confirms bankers appointed
The business, currently funded by Bowmark Capital, is seeking additional investment to secure its longer term acquisition pipeline.
Willis IRM recruiting for growth in Northern Ireland
Broker hails independent status after recent Autoline deal.
Review of the year: November 2018
As the cold weather settled in brokers clicked on an unrated Danish insurer going bust, RSA redundancies and Brexit.
Ex-Towergate and Aviva boss Mark Hodges joins ReAssure for IPO
Swiss Re-owned firm anticipates IPO in 2019.
Review of the year: August 2018
During the August heatwave brokers were more interested in Allianz taking its first step into Lloyd's, Co-op Insurance being up for sale, Broker Network exclusively revealing its spending spree prices and broker commission than the hot weather.
In Person: Head of Marsh Networks David Hopwood
Hopwood on being owned by Marsh, restructuring the networks division and why he wants brokers to remain independent.
Blog: The M&A train
Darren Murphy explores how large M&A in the broker sector filters down into the regions.
Statutory pre-tax loss of £20m for GRP
However Mike Bruce points to 4% organic growth and suggests the business is on track to buy “double digit” businesses, including MGAs, in 2019.
Gallagher set to ink another deal before Christmas
Michael Rea reveals that a number of buys have been lined up for 2019.
GRP poised to buy Risk Alliance
It is understood Global Risk Partners swept in after negotiations between the Yorkshire-based broker and Broker Network broke down.
Axa to complete $15bn XL takeover tomorrow
Deal has received regulatory approval.
Broker Network buys North West broker
The business will act at Broker Network’s seventh “regional powerhouse”.
PIB buying spree continues
The consolidator buys Wheatley Wright Insurance Group two days after announcing Albany Childcare buy.
In Person: Covéa personal lines director Carol Geldard
Geldard on why the broker market resembles a family, acquisitions and gender diversity in the insurance sector.
Blog: Eight things to look out for at Biba 2018
As the UK insurance sector descends on Manchester for the 2018 British Insurance Brokers' Association Conference, Jonathan Swift predicts some of the key talking points on the floor and in the bars around the venue.