Consolidation
In Person: Stuart Reid
Reid chats to Insurance Age about his return to the market, being approached by private equity houses and why there are lots of opportunities for smaller brokers in the current market.
Aon/WTW: Independent broker values set to rise following deal
Deal creates UK broker “unicorns” as Marsh moves to number two on the global broking table.
A-Plan buys Cotters Insurance Brokers
The personal lines specialist has bought the Northampton-based SME commercial expert.
PIB makes motor trade move
The organisation has purchased a Top 100 broker to strengthen its motor proposition.
Aon to merge with Willis Towers Watson to create $80bn company
The $30bn deal will see the combined business operate under the Aon brand led by Aon CEO Greg Case, with the transaction expected to go through in the first half of 2021.
Sam White's Freedom expands into home with insurtech deal
Freedom Services Group's purchase of Aventus-driven broker Homelyfe was revealed earlier this week.
Ethos Broking creates Midlands hub
The organisation has purchased Perry Appleton which is based in Rugby and controls £7m in GWP.
GRP-owned Sagars buys Preston broker
Anderson Ashcroft has been bought for an undisclosed sum.
GRP hub Greens makes first deal of 2020
Broker buys Hastings-based SME and personal lines specialist Manor Insurance Services as it reveals it has more deals in the pipeline.
Jensten Group hits acquisition trail
Exclusive: The organisation, formerly known as Coversure, is set to buy across its retail and wholesale divisions.
Stanhope Cooper owner buys HNW broker
Exclusive: Insurance Tailors, based in Twickenham, has been purchased by the specialist broker’s parent firm for an undisclosed sum.
Bollington announces third deal this year
Group has added £9m GWP and 19 staff with its purchase of Midlands-based CLA (Risk Solutions).
PIB buys Croydon-based BK Insurance Brokers
The broker is PIB's 26th deal and operates in the property, corporate, private clients and SME sectors.
Brokerbility has 12 new members in the pipeline
Executive chairman Ashwin Mistry says firm's income and GWP have been impacted by broker members selling up.
Ardonagh signs on to buy Bennetts from Saga
Ardonagh’s Atlanta division has exchanged contracts to purchase the motorcycle specialist broker.
Brokerbility posts mixed results for 2019
Firm reveals an increase in turnover but a drop in Ebitda for the year as it lists consolidation and Brexit as challenges affecting the business.
Clear Group acquires rights of light specialist
Lights & Legal managing director Dean Perkin will stay with the firm.
David Ross, CEO of Ardonagh Group - Taking on the world
Profile: David Ross, Ardonagh CEO, tells Insurance Age why he’s a lucky man and reveals his hopes for the group as he puts the challenges of the past five years behind him
GRP retains hub focus following Searchlight deal
The investment will help GRP continue to buy UK brokers according to newly promoted Mike Bruce.
Searchlight Capital Partners takes majority stake in GRP
The deal sees founders Peter Cullum and David Margrett retain a minority stake in the company alongside Penta Capital.
JLT costs reach $6.8bn at Marsh
Financial results also show that revenue grew 10.2% at Marsh in 2019.
Ardonagh eyes international growth
David Ross reveals expansion hopes and confirms more M&A targets in the UK.
Clark Thomson profits double as it sets Marsh integration date
Broker’s trade and assets will be integrated as part of Marsh in April or May 2020.
Searchlight believed to be final party in discussions with GRP – reports
GRP has been exploring sale and reinvestment options since last summer.