Consolidation
JM Glendinning buys Sphere Group
Newcastle-based insurance broker and risk management firm The Sphere Group has been acquired by JM Glendinning Group for an undisclosed sum.
Partners& enters Scottish market
The MacDonald Group has been acquired by Partners& in a deal which is due to complete in June.
Analysis: The Yanks are coming
US-broker Brown & Brown has firmly stuck its flagpole into UK soil by buying GRP. David Worsfold considers what this means for the wider sector and asks if more US-firms will stake their claim on the consolidators.
Aston Lark buys Braddons
Braddons is a specialist corporate broker.
Stubben Edge launches AR network with target of up to 30 in first year
The business has calculated that 75% of ARs cease trading in the first four years as it stated more could be done to support growth and success.
JMG Group buys Northampton broker to continue expansion
It is JMG Group’s sixth deal in 12 months and creates an East Midlands hub for the Yorkshire-based business.
Brown & Brown reveals £1.48bn price tag for GRP
The deal with US-broker Brown & Brown will see Searchlight, Penta and founders Cullum and Margrett exit as investors.
Brown & Brown takeover of GRP will open up shareholder opportunities for staff
New owner says GRP has found its forever home and will back further acquisitions.
US giant Brown & Brown to buy GRP
Consolidator confirms no changes to management team, headcount and brands under new owners, the sixth largest broker in the world.
GRP-owned County Group buys PG Insurance
The consolidator ramps up its acquisition plans with fifth deal of the year.
Analysis: Spotlight falls on personal lines amid consolidation frenzy
After a record breaking year for deals by value and volume, specialists analyse what is driving the market and where the acquisition rush will go next. Emmanuel Kenning reports.
SRG adds motor trade specialist to portfolio
The move follows snapping up the specialists risks team from Bridge Insurance at the start of the year.
Pikl reveals £100m GWP ambition
CEO Louise Birritteri told Insurance Age that the company was also preparing to expand into the shared mobility space this summer.
MGA evolution can support broker independence, says Pro Global’s Danny Maleary
MGA leader assesses opportunities for brokers, changes in capital providers backing risks, market consolidation and the sector’s expansion.
Aston Lark builds on Irish expansion
The consolidator has revealed plans to keep expanding in the Republic of Ireland after sealing its eighth deal.
GRP-owned Premier Healthcare makes third buy
The broker is to acquire the business and assets of Amba Care and Wellbeing (Amba C&W).
GRP to buy majority stake in Hamilton Fraser
Consolidator set to make third purchase of the year.
M&A activity not 'sustainable', says IMAS founder Laughton-Scott
Prices are forecast to remain "pretty firm" this year.
M&A deals hit £6bn in 2021
The latest annual review published by IMAS explains the "M&A frenzy" and warns of challenges ahead.
Kingsbridge opens Birmingham office amid tripling business by 2024 target
MD Gary Williamson told Insurance Age that the broker has appointed Berkeley's Mark Hayward as branch director and revealed Kingsbridge's plan of action for the rest of the year.
Clear targets £300m GWP by end of 2022
Mike Edgeley, Clear Group CEO, revealed the broker's growth ambitions after snapping up Kent Insurance Brokers, its plans for Brokerbility after Ashwin Mistry stepped down, and reflected on the state of the market.
Partners& adds to employee benefits proposition with buy and partnership
Partners& has bought Direct Healthline and partnered with Advo Group to boost its wellbeing and benefits business.
H&H lifts lid on Tynedale deal
The broker is on track to grow its business by 14% this year and saw its GWP increase by £1.5m following the recent acquisition in Hexham.
Verlingue gears for growth
The family-owned business is seeking acquisitions and organic growth as it targets income increase.