Aon is set to pay a $1bn termination fee to WTW as CEO Greg Case says the two businesses "reached an impasse with the US Department of Justice".
The Dublin-headquartered business will operate alongside Ardonagh Global Partners with plans to expand across Europe.
CEO Maurice Boyd tells Insurance Age how the recent WTW purchase came about and outlines the GRP-owned firm's future ambitions.
Deal for Principal Insurance Ireland is the consolidator's fifth in Ireland this year.
Insurance Age and Applied Systems discuss some of the hottest topics in the broking world at the moment.
The portfolio will be integrated into GRP-owned ABL Group, doubling the Belfast-based broker's GWP to £107m.
The broker also revealed a plan to triple its international turnover and to grow its position as a large independent European broker.
It is the broker's second deal since it was bought by GRP in 2018.
The move follows Markel joining the panel of the Global Risk Partners network last month.
Research from Ecclesiastical reveals the biggest threats specialist brokers are facing as well as why they believe being niche gives them a competitive advantage over other brokers.
But the deal is still on hold as a November trial looms in the United States and the New Zealand Commerce Commission also raises competition concerns.
Linkscover provides insurance to many golf clubs in the UK.
CEO Phil Barton reveals how the recent Kudos deal came about and discusses how the purchase of a loss adjuster will enhance the broker's client proposition.
Group CEO Nick Houghton discusses how the Bickley deal came about and reveals plans to acquire 10 to 15 more businesses in the next three to five years.
The broker bought London-based ES Risks for an undisclosed sum.
Bickley Insurance, which is based in Surrey, has been purchased for an undisclosed sum.
Following reports of a rise in the number of start-up brokers, Ida Axling says it is great to see that the entrepreneurial spirit remains strong in the broking sector.
CEO Alistair Hardie discusses Jensten's acquisition strategy and why Tasker "fits the bill" for what the business is looking for.
The broker hopes that the purchase will offer clients and insurers a better overview of risks.
Deal includes Tasker Insurance Brokers, Tasker & Partners, and Gresham Underwriting and brings £50m GWP to Jensten.
The Belfast-based broker is taking further steps towards its UK expansion with its Southern England purchase.
The two brokers have said they disagree with the move after the DoJ warns merger would “create a broking behemoth” and “threatens to eliminate competition, raise prices and reduce innovation”.
The Bolton broker is Aston Lark’s 15th deal this year.
Hopwood discusses GRP's takeover of Marsh Networks and what will be different for members after Marsh ProBroker, Bluefin Network and Purple Partnership became one single proposition.