Aon’s $13.4bn (£10.6bn) purchase of NFP has passed a crucial test in the US, with the transaction still expected to close in the middle of this year.
Towards the end of 2023, Thomas Carroll became the latest broker to become employee-owned. Ida Axling looks at the benefits of the model for intermediaries and how the sale of Ten to Acrisure busted one myth that they cannot be sold.
NFP’s Matt Pawley reflects on record levels of M&A, organic growth, brands and business as usual as the Aon deal looms.
The Broker Investment Group has taken a 49% stake in both Rotherham-based Jenkinson Insurance and Chesterfield-based Penk Insurance.
Gauntlet leader Roger Gaunt and Brokerbility boss John Dunn tell Insurance Age how both can help the next generation of broker.
Prestige Insurance Holdings has completed the purchase of Find Insurance NI as part of a growth strategy to increase its reach and expertise in the Northern Ireland marketplace.
Ardonagh Advisory is expecting to match its seven deals in 2023 in just the first half of this year, according to chief commercial officer Phil Bayles.
Prosura has already reached £3m gross written premiums, according to Jon Newall, managing director, since it began trading at the beginning of 2023.
Howden grew revenue by 33% to £2.44bn in the year ended 30 September 2023 on the back of 56 acquisitions and 13% organic growth.
Brown & Brown has bought out Oxlea Investments, trading as Stewart & Partners, to become part of its South East retail hub Green Insurance Group.
Ardonagh Advisory has purchased Glasgow-based Solutions Healthcare, a whole-of-market healthcare insurance broker.
In 2023, Insurance Age reported on 114 UK broker deals with Brown & Brown Europe leading the way with 21.
Voyager Insurance has completed the purchase of Norwich-based specialist broker Navigator Travel Insurance.
Clear Group has bought London-based high-net-worth specialist broker Porticus Insurance Consultants in its first deal of 2024.
Jensten has bought community broker Melville Burbage, its first deal of 2024.
Astute Insurance Solutions has bought property specialist Sandhouse Insurance in its first deal since becoming part of JMG Group in 2022.
Howden has bought Rugby-based AHR Consultants, bolstering its risk management capabilities in the UK.
US-headquartered broking firm NFP has purchased London-based Advanced Insurance Consultants to develop its client base in the London and the wider South East areas.
Howden has bought Glasgow-headquartered personal and commercial lines broker Laurie Ross.
April, a wholesale insurance broker in France and Europe, has bought two-wheeler insurance specialist Lexham Insurance.
Recent years have been notable for the amount of consolidation led by US-based insurance brokers. Ida Axling looks at whether these players are likely to continue doing deals at the same rate and what is driving these buying sprees.