Consolidation
TL Dallas posts turnover and profit growth for 2018
Despite the good news, director Polly Staveley warned of competitive pressures and consolidation.
The Blog Spot: RIP Jelf, hello Marsh Commercial - what's in a broking brand?
As Marsh rebrands Jelf, Insurance Age content director Jonathan Swift reflects on the passing of another name heavily associated with noughties broker consolidation
The 2019 Top 50 Personal Lines Brokers is now available
Insurance Age has published the results of its annual study into the top 50 brokers in the personal lines market.
Tasker Insurance Brokers names new MD
Robin Thomson will take the role from Ann Bowyer, who remains with the business.
The Insurance Age Podcast: 6 September 2019
The Insurance Age team unpick the most recent and most popular stories.
Profile: PIB's CEO Brendan McManus and CFO Ryan Brown
Building a broker: CEO Brendan McManus and CFO Ryan Brown reflect on ‘start-up’ PIB’s first years, explain why it isn’t a consolidator and reveal why staff retention and integration are key to the broker’s acquisition strategy
Aston Lark completes £320m Goldman Sachs deal
The private equity provider is now majority owner of the broker.
Gauntlet eyes ambitious growth for AR network
Managing director Roger Gaunt expects the business to double within two years.
GRP exploring sale and reinvestment options
It is believed that the consolidator is seeking fresh investment that could see current investors, including Peter Cullum, have their stake diluted as backer Penta reaches the end of its traditional investment period.
Aston Lark buys Manchester broker
The purchase of Buckland Harvester adds £4m GWP and 15 staff to Aston Lark as the broker eyes more buys in the North West.
GS Group set to buy local broker
The business has struck a deal with I & D Insurance Services which is based in Alyth.
Avid agrees sale of majority stake to Beech Tree
The private equity move sees co-founder Gary Edmondson leave the managing general agent.
PIB sets sights on long term investment deal
The recently re-financed business is aiming to find a longer-term backer in 2021.
Arch Capital buys Barbican
The deal is the latest in a long line of acquisitions by the group.
GRP buys Lancashire-based 3XD
Broker specialises in household, landlord and learner driver insurance and all staff will remain with the business.
US-firm AssuredPartners buys Hettle Andrews
The move highlights the American company’s intention to develop its operations in the UK.
Broking success: Neil Campbell, managing director of CCRS
Doing things differently: CCRS managing director Neil Campbell tells Insurance Age what motivated him to start the company and why the industry needs to up its game
News analysis: Insurer staff cuts spark broker concerns
Is the raft of recent redundancies at providers a coincidence or part of a larger trend in the industry?
The Insurance Age Podcast: 21 June 2019
The editorial team get their teeth into the top stories.
Three directors out as Policy Expert buys loss-making Sure Thing!
Adam Powell takes over as CEO as Sure Thing!’s Brendan Devine, Stevie Sutherland and Kevin Kiernan exit the business.
The Blog Spot: Cobra - how the once Towergate target ended up at PIB
Once upon a time you could not keep Cobra out of the news. Insurance Age content director Jonathan Swift reflects on how the business regrouped almost by stealth to become the latest important part of the PIB growth story.
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.