Consolidation
iRevolution Group secures £9m from investment fund
The Manchester-based broker has said it will use the funding from alternative lender Boost&Co to fund its recent acquisition as well as future ones.
News Analysis - How is US money reshaping the UK market?
David Worsfold explores the power of the dollar in broking and examines the drivers behind US investment into the UK market.
Xenia buys two specialist teams from Lloyd's broker PNP
The deal sees the Nexus-owned business expand into the financial and specialty risks market.
Profile: Licence to chill - GRP's group CEO Mike Bruce
GRP’s Mike Bruce tells Ida Axling how an early career working with nuclear weapons has given him a sense of perspective in his latest role, running one of the UK’s largest broker consolidators
PIB adds to EU portfolio with Ireland’s Campion
Campion, which was established in 1984, is the third retail business PIB has bought in Ireland.
Interview: Adrian Saunders, Ecclesiastical
The commercial director tells Insurance Age about the insurer's developments, its relationship with brokers throughout the pandemic, and its plans for the coming year.
GRP-owned Premier Choice Healthcare buys PMI broker
Deal for Equity Health Solutions is PCH's second since becoming part of GRP in 2020.
Movo exits GRP’s Hedron network
MD Lea Cheesbrough said the franchise, which also has its own network, wanted to focus on independence.
"It feels like family," says KGJ boss about NFP transition
NFP’s John Paul Allcock and KGJ director Richard Cox talk to Insurance Age about what sparked the interest in the recent deal and how it is set to help both businesses achieve growth.
HSB buys structural warranties specialist
HSB has revealed that the acquisition of MD Group and its MGA, MD Insurance Services, will expand its core insurance offering.
Capita to sell specialty insurance businesses
The company has agreed to to sell its two specialty insurance businesses, Capita Commercial Insurance Services (CCIS) and Capita Managing Agency (CMA), to Marco Capital Holdings for an undisclosed sum.
Daulby Read adds agricultural specialist
The move takes the Bravo Networks broker's GWP up to £7m.
News analysis: Consolidators put up 'for sale' signs
Following Howden’s acquisition of Aston Lark, Insurance Age reached out to M&A advisers and brokers to get some insight into the future for the current crop of consolidators.
Ardonagh completes BGC deal
First announced in May, the deal was sealed for a cash consideration of $500m (£354m).
Matson flags 9% organic growth at Gallagher
Q3 figures for the global business show brokerage revenue of $1.5bn.
Aston Lark buys Bainbridge Collins in Birmingham
Consolidator says latest deal will enhance its mid-corporate capability in the West Midlands.
NFP buys Wolverhampton broker
The US-based company adds Top 100 business KGJ Insurance Services Group to its stable at it continues its expansion in the UK.
PIB expands into Spain
Consolidator buys Cicor in its first acquisition in the Spanish market as it continues its European expansion.
GRP takes stake in Hedron member
All Med Pro is GRP's first minority investment with a network member.
Aston Lark buys Absolute Products in 24th deal of the year
Latest acquisition comes after it was announced that Howden is to buy the consolidator, creating a £6bn GWP giant.
Seventeen Group expects further growth in 2022
CEO Paul Anscombe flags how M&A and organic growth are helping the business expand despite the £670,000 cost of Covid.
iRevolution buys BG Insurance
CEO Mark Rigby has said the acquisition of BG Insurance would give the business further expertise in other areas of the non-standard motor market.
Blanc aims to double Aston Lark business for Howden
Peter Blanc details opportunities for Aston Lark now it is off the private equity “rollercoaster” and part of another employee-owned broker.
Howden buys Aston Lark
The deal is Howden’s largest acquisition to date and creates a £6bn GWP UK business in “deal a decade in the making”.