Consolidation
Searchlight believed to be final party in discussions with GRP – reports
GRP has been exploring sale and reinvestment options since last summer.
XL division absorbs Axa Corporate Solutions and Axa Art
Merger had originally been expected to be completed by the end of 2018.
Gallagher completes 100% Capsicum Re ownership deal
Business was founded in 2013 by Grahame Chilton and Rupert Swallow through a strategic partnership with Gallagher.
GRP buys Birrell Group to create Midlands hub
Broker becomes GRP's eighth major hub and will retain its brand, with all staff remaining with the business.
Finch buys Richmond-based Shene Insurance
Ethos-owned broker has now made ten deals in the last three years.
Tysers to absorb RFIB following acquisition
Deal to purchase parent company Risk Transfer Group has now completed.
GRP’s £68m acquisition spree revealed
Total covers 10 businesses that the group bought in the year to 31 March 2019.
GRP reaffirms acquisition strategy despite £17.9m loss
Accounting procedures and acquisition costs blamed as turnover and operating profit grow 48% and 173% respectively.
News analysis: Focus on smaller brokers heats up the M&A market
Consolidators have shifted to concentrate on the smaller end of the broking sector, Martin Friel investigates why
GRP silent as potential buyers named
Searchlight and Apax Partners are believed to be in talks with the consolidator over taking a stake in the business.
PIB acquires motor specialist Cooper Solutions
Firm has provided a daily rate insurance product through PIB-owned Cooke & Mason since 2004.
PIB makes double acquisition announcement
Group will purchase CMR Insurance Services and Sue Smith Ltd subject to regulatory approval.
Greenwood Moreland buys Scottish broker
The deal takes the number of Greenwood Moreland offices to three.
Marsh Commercial to cut 14 branches
Branches in the south, north, Wales and Scotland are affected by the move.
H.W Kaufman seeks to grow in UK MGA space
Business will move forward in the UK under the Burns & Wilcox brand following the Barbican Protect buy.
Gallagher agrees 100% Capsicum Re ownership deal
The reinsurance broker was founded in 2013 by Grahame Chilton and Rupert Swallow.
Barbican Protect bought by H.W Kaufman
Barbican Protect will rebrand as Burns & Wilcox as part of the deal.
Specialist Risk Group buys jewellers’ block specialist
Specialist Risk Group, an investment vehicle for Pollen Street Capital, has recently rebranded from Specialist Risk Investments.
Towergate acquires Swansea-based broker
Both employees join Towergate’s Swansea office as owner Tony Nakonecznyj becomes a consultant.
GRP buys HNW broker Gauntlet Insurance Services
Deal follows GRP's purchases of risk management specialist Health and Safety Click and Lancashire-based broker 3XD.
Tasker set to make more specialist deals
CEO Robert Organ discusses the broker's acquisition strategy and details plans to make three or four more deals next year.
Tasker buys Worthing-based broker
Group has bought Vantage Professional Risks and developed a professional risks division.
Top 100 independent brokers for 2019 revealed
Insurance Age surveyed the state of the market and the results and expert analysis from IMAS are now available.
Burley Group promises growth following Radius deal
Broker has pledged to expand following the fleet and telematics specialist buying a majority stake in the business.