Consolidation
PIB sold to Apax funds
The investment is set to “accelerate strategic M&A” for the broker as it is also confirmed that former backer, the Carlyle Group, has retained a minority stake in the business.
The Insurance Age Deal Tracker
Who is making the most deals? Which regions are acquisition targets? Keep up-to-date with the latest in broker M&A with our dedicated tracker.
US giant, AssuredPartners, plans to double UK turnover as it hits M&A trail
David Heathfield, CEO of the US-based broker’s UK arm, discusses its recent deal to buy Borland Insurance and reveals ambitious UK growth plans.
Analysis: Gaps in the market
Where does Gallagher’s buy of Bollington Wilson leave the independent broker space?
US-firm AssuredPartners buys Borland Insurance as it grows UK footprint
Borland is headquartered in Scotland and the deal follows AssuredPartners' purchase of Birmingham-based Hettle Andrews & Associates in 2019.
Inflexion plans to build another "powerhouse" UK broker after Bollington sale
Partner Carl Wormald tells Insurance Age he is keen to build up another UK regional broker following the private equity provider's sale of Bollington Wilson to Gallagher.
GB Underwriting joins Specialist Risk Group
The MGA specialises in construction and provides property and liability cover via UK brokers.
Bollington deal to “supercharge” Gallagher’s presence in the North West
UK Retail boss Michael Rea discusses the thinking behind Gallagher’s deal to buy Bollington and confirms it is looking to make further acquisitions.
Finch buys Compass member Headley Group
Headley brings over £13m in GWP to the Ethos-owned broker.
Gallagher buys Bollington
Bollington Wilson has been on the acquisition trail since 2019 and is believed to have GWP in the region of £250m.
MVP broker buys three businesses
Heath Crawford and Foster received investment from Peter Cullum-backed Minority Venture Partners three years ago.
PIB reveals its first deal of 2021
The consolidator has purchased construction specialist UK & Ireland Insurance Services.
Jensten reports loss in first full year results
The figures follow the management buy-out and include all areas of the business formerly known as Coversure.
Lickens steps down as Clear CEO
Howard Lickens will move to the role of executive chairman as former A-Plan MD, Mike Edgeley takes up the CEO mantle.
Specialist Risk Group acquires equestrian broker
KBIS was established in 1991 and specialises in horse, horsebox and trailer and equestrian business cover.
GRP buys Birmingham broker
Global Risk Partners (GRP) has purchased Newstead Insurance Brokers for an undisclosed sum.
Aston Lark buys superyacht specialist broker
Lloyd's broker CRS Yachts will join Aston Lark's European business.
Partners& buys Focus Oxford Risk Management
The business specialises in science and technology and private clients.
European Commission to review $30bn Aon/WTW deal
Aon confirms the European watchdog has launched a Phase II review of the merger but insists it is still "on track" to close the combination in the first half of 2021.
Specialist Risk Group bought by private equity
Miles Smith-owner has been purchased subject to regulatory approval.
Silence on rumoured Gallagher/Bollington deal
Gallagher declined to comment on reports that it was in advanced discussions with the Manchester-headquartered business.
GRP buys digital commercial broker
Poole-based Insync has joined the GRP portfolio for an undisclosed sum.
Zurich and Plum Underwriting agree £150m capacity deal
The five-year personal lines deal sees Zurich replace Lloyd's capacity.
Barbon Insurance Group bought by PIB
The deal also signals leadership change for the specialist intermediary.