Consolidation
NSM to buy AllClear owner
NSM Insurance has signed up to buy InsurEvo Group, including AllClear Insurance, InsureandGo and JustCover, from Synova.
SRG looking east for expansion with new backers
Specialist Risk Group is eyeing up buying in Europe and Asia, CEO Warren Downey has confirmed to Insurance Age.
Biba 2024: Pen’s Nick Wright on staying disciplined and kissing frogs
Pen Underwriting’s chief development officer Nick Wright tackles consolidation in the managing general agents market, the risk of disintermediation for brokers, and the opportunities from artificial intelligence.
PCH makes three acquisitions in three months
Premier Choice Healthcare, the health insurance intermediary owned by Brown & Brown, has completed three deals in three months.
Brown & Brown retail CEO Carter exits
The CEO of Brown & Brown’s retail division Duncan Carter has left the business, Insurance Age can reveal.
Specialist Risk Group gets two new backers as HGGC sells up
Private equity house Warburg Pincus and Singapore government-owned investor Temasek have partnered to buy Specialist Risk Group from HGGC.
Biba 2024: Gallagher’s Peter Matthews upbeat on prospects for North West
Gallagher’s area managing director for the North has hailed ongoing organic growth in the North West and improved insurer service as the broking giant eyes up more acquisitions.
Brown & Brown snaps up family-owned broker since 1877
Brown & Brown (Europe) has bought two brokers: family-owned Garratts Insurance Brokers Limited and BNF Insurance Services.
TBIG invests in Deva
The Broker Investment Group has taken a minority 49% stake in Chester-headquartered Deva Risk Group in its sixth deal of the year.
TBIG increases stake in Hathaway & Cope to 75%
The Broker Investment Group has increased its ownership of Hathaway & Cope, a managing general agent with delegated authority, to 75%.
JMG seals second deal of the week
JMG Group has bought Hamilton Robertson Insurance Brokers, adding £15m of gross written premium to the business.
Ardonagh strikes A$2.3bn PSC deal
Ardonagh has signed up to buy Australian-headquartered PSC Insurance Group including its Top 100 UK broker.
JMG adds SIA and subsidiary Evergreen to stable
JMG Group has expanded its footprint in the South with the acquisition of Surrey-based insurance broker SIA Insurance.
Acrisure expands in southern England with two buys
Acrisure has snapped up two brokers backing Sutton Winson to boost its presence in southern England.
Acrisure expands in Scotland with WH&R McCartney buy
Acrisure has added to its reach in Scotland snapping up Motherwell-based WH&R McCartney.
Brokers push for more from RSA/NIG
Brokers have given a mixed report on communication levels around the RSA and NIG deal but with the process kicking forwards today have expressed the hope the takeover will make more products available.
Aon completes NFP deal
Aon has completed the $13bn (£10.4bn) acquisition of NFP.
Aon and NFP deal expected to close on or around 25 April
Aon’s $13.4bn (£10.6bn) takeover of NFP is expected to close on or around this Thursday, the global giant has confirmed.
Hedron CEO Haggart eyes-up offering branded products
Chris Haggart, CEO of Hedron, intends to offer branded products drawing on the strength of the partnership with Broker Insights it entered into last year.
Alan Boswell seals deal for taxi and driving school specialist
Alan Boswell Group has bought The Insurance Centre, a Norwich-based insurance broker with expertise in taxi and driving schools insurance.
JMG strikes its biggest deal of 2024 with BQI swoop
JMG Group has bought BQI Insurance and sister company BQI Protection.
Partners& promotes trio as it readies ‘next stage of growth plan’
Partners& has created three new senior leadership roles, as it positions itself for what it describes as “the next stage of its growth plan”.
PIB continues European expansion with Romanian deal
PIB Group has added Romania to its growing European footprint, by striking a deal with STEIN Bestasig Insurance Broker.
Ardonagh buys SIB Insurance, boosting presence in North West
Ardonagh Advisory has bought commercial broker Southport Insurance Brokers, building its presence in the North West of England.