Consolidation
Romero posts £3m profit
Romero Insurance Brokers has reported £2.93m of post-tax profit in truncated results as it shifted its financial year end after being bought by AssuredPartners.
JMG adds Grosvenor Insurance
Chester-based Grosvenor Insurance has joined the JMG Group.
Top 100 UK Insurance Brokers 2024: Analysis – the evolving landscape
Will Lanyon from PKF Littlejohn explores the impact of some of the recent developments in the industry, and looks ahead to 2025.
Top 100 UK Insurance Brokers 2024: Q&A with Open GI CEO Simon Badley
Simon Badley, the CEO of Open GI, the sponsor of the UK Top 100 Insurance Brokers 2024, reflects on the changing market, and how his company can help intermediaries navigate opportunities for further growth in the future.
Howden parades beauty membership providers buy
Howden has unveiled the purchase of Associated Beauty Therapists and Associated Irish Therapists, two beauty membership providers that offer insurance broking services to members operating in the health, wellbeing and beauty sectors in the UK and Ireland.
Kingfisher creates new motorsports arm following broker buy
Kingfisher Insurance Services has acquired MIS Motorsport’s commercial business in the UK and Ireland.
PIB returns to buying with RS Insurance Brokers
Consolidator PIB has bought Nottingham-based RS Insurance Brokers, adding expertise in fleet and professional indemnity to its portfolio of specialisms.
Warburg Pincus and Temasek complete SRG investment
Specialist Risk Group has confirmed the takeover by private equity house Warburg Pincus and Singapore-headquartered investor Temasek has completed after receiving all regulatory approvals.
JMG reaches 40 deals milestone with Confidential Solutions buy
JMG Group has bought London-based Confidential Solutions Group as it racked up its 40th deal since being formed in 2020 when Yorkshire-headquartered JM Glendinning underwent an MBO.
TBIG increases shareholding in Deva to 75%
The Broker Investment Group has increased its shareholding in the Deva Group to 75% from 49%.
MGA expands into transactional liability following first acquisition
Rising Edge has signed an agreement to acquire AMANIKI GmbH enabling the MGA to launch a suite of transactional liability insurance products.
Think strikes third buy in three years with Bromwich Insurance Bureau deal
Walsall-headquartered Think Insurance Services has secured its third Midlands-based deal buying Bromwich Insurance Bureau, Insurance Age can reveal.
JMG adds to Yorkshire roots with C P Bennet buy
Leeds-headquartered JMG Group has bought Bridlington-based commercial and personal lines insurance broker C P Bennet.
Market Movement Index: Smaller insurers gain market share from re-broking
New research from Broker Insights shows brokers are placing more business with smaller players, resulting in a changing landscape where competition can thrive. Rachel Gordon reports.
Specialist Risk Group grows taxi book with latest buy
Specialist Risk Group has acquired the ongoing renewal rights of Morton Insurance Brokers, a specialist in private hire and taxi insurance across the UK since 1987.
Clear makes fourth broker buy of 2024 with South-East swoop
Clear Group has acquired Leatherhead-based insurance broker R T Waters.
“Nobody came close to AUB” – CEO Cheesbrough on Movo’s new investor
The Movo Group is looking to create larger broking hubs and kickstart its directly authorised network Fusion after AUB took an 80% equity stake, according to Lea Cheesbrough, Movo Partnership CEO.
SRG snaps up East Midlands broker
Specialist Risk Group has today unveiled Anthony James Insurance Brokers as its latest acquisition, subject to regulatory approval.
Partners& CEO Barton: Mooted Labour tax plan offers “incredible opportunities” for M&A
Speculation that the new Labour Government might increase capital gains tax has created a fertile window for acquisitive insurance brokers.
Ardonagh Advisory buys R K Henshall
Ardonagh has acquired chartered insurance broker R K Henshall & Co based in Sandbach, Cheshire, subject to regulatory approval.
Momentum investor AUB takes 80% stake in Movo Group
Australian broking giant AUB Group has agreed to acquire an 80% equity stake in the Movo Group of Companies.
TBIG takes majority stake in £14m GWP broker
The Broker Investment Group has taken a majority shareholding in JPM Group, the holding company for BEAM Insurance Solutions, which operates at The Waterfront in Brierley Hill.
Q&A: Seventeen Group CEO, Paul Anscombe
The boss of Seventeen Group, Paul Anscombe, tells Insurance Age about getting to 10 deals this year, the firm’s national reach and how innovation and specialisms are helping deliver organic growth at a business that has its eyes fixed on long-term…
Interview: Tuplin on turning up the heat with Ardonagh
Richard Tuplin, CEO of Advisory Insurance Brokers at Ardonagh, shares his insights on leading the transformational change that is garnering praise from the sector and the non-negotiable culture that is bringing success.