Consolidation
Broker Expo 2025 Countdown: Recorder’s Matt Hicks
As we count down to Broker Expo in October, we caught up with Matt Hicks, co-founder of Recorder, who gives a preview of its product clinic at the event, and asserts the shift away from broad, catch-all generic products is a gift for intermediaries – but…
Gallagher CEO Rea: AssuredPartners integration does not prevent M&A after ‘amicable’ end to PIB talks
The expected 12-18 month integration of the AssuredPartners UK and Irish businesses will not prevent Gallagher seeking more M&A in those territories following the “amicable” ending of talks with PIB.
Gallagher completes on AssuredPartners buy
Arthur J Gallagher has today announced it has closed the acquisition of AssuredPartners.
Lloyd & Whyte Group grows again in 2024 with three deals and a sale
Somerset-based Lloyd & Whyte Group grew turnover by 5.9% in 2024, in a year it made three acquisitions and returned to pre-tax profit with a sale.
Three more deals for DR&P
DR&P Group has taken “significant control” of IFS Risk Solutions, Treelyn (Insurance Services) and Umbrella IS, pushing the firm up the most active buyer ranking, Insurance Age can reveal.
SRG signs up to buy City Quarter Brokers
Specialist Risk Group has revealed an agreement to buy City Quarter Brokers.
JMG makes major MGA move with latest buy
JMG Group has bought professional and financial lines specialist managing general agent XS Assure, Insurance Age can reveal.
DR&P and Seventeen strike deals
DR&P Group has invested in West Yorkshire-based Spedding Goldthorpe (Brokers) while Seventeen Group has bought Trelawney Insurance Solutions in Cornwall.
TBIG buys Romford broker KSL Thomas
The Broker Investment Group has completed its fifth acquisition of 2025 with the purchase of Romford-based KSL Thomas & Co.
SRG completes Dutch and Belgian buy moving into mainland Europe
Specialist Risk Group has completed the purchase of German broker Ecclesia’s businesses in the Netherlands and Belgium marking its formal entry into mainland Europe.
PIB tops £500m revenue as losses trimmed in run-up to ending sale talks
PIB Group has posted £514.7m of pro forma group net revenue for 2024, a year it expanded into two countries and made 25 acquisitions before walking away from sales talks in 2025.
Clear reveals £171m buying bill
Clear’s 12 strong acquisition spree in the year ended 31 October 2024 generated a £170.9m bill, a filing at Companies House has revealed.
Brown & Brown buys bloodstock specialist broker
Brown & Brown Europe has bought private client, bloodstock and farm & estate specialist broker Weatherbys Hamilton for an undisclosed amount.
With the Gallagher deal off the table, what are the next steps for PIB?
With PIB and its PE investors choosing to go again rather than sell to Gallagher, content director Jonathan Swift ponders what might lie ahead for the pan-European consolidator in an era of indigestion and M&A indifference.
PIB ends sales talks and reveals £400m debt raise
PIB Group has confirmed the end of “recent acquisition conversations”, drawing a line under the sales process with the comment that it is “appreciative of the attention it has received in the market”.
JMG strikes 50th deal
JMG Group has completed its 50th acquisition since its 2020 management buyout, snapping up London-based Profile Insurance Services.
Broker M&A ends half-year with a ‘whimper’ – MarshBerry
Mergers and acquisitions of UK insurance distribution business were down 35% in the first half of the year compared with 2024, specialist MarshBerry has calculated.
Birmingham regional review: Highly competitive market
Birmingham’s central location in the country creates opportunities for investment and growth, according to experts in the highly competitive broker market, with recruitment flagged as the main challenge.
Clear strikes deal for Surrey-based CR Toogood & Co
Clear Group has bought £14.5m gross written premium commercial broker CR Toogood & Co.
Atec buys Moorhouse from Lucida
Atec Group, owner of digital niche personal lines broker Ceta and managing general agent Arkel, has added to its stable and moved into the SME market buying Moorhouse from Lucida.
Brown & Brown announces major acquisition
Brown & Brown has entered into an agreement to acquire RSC Topco, Inc, the holding company for Accession, the ninth largest privately held insurance brokerage in the United States, for $9.83bn (£7.3bn).
AssuredPartners deal still expected to close in second half of the year, says CEO Pat Gallagher
Gallagher is “playing it right down the middle of the fairway” with the US Department of Justice and still expects to close the deal for AssuredPartners in the second half of the year, according to CEO Pat Gallagher.
Freedom sells broking arm to top 100 broker to focus on MGA business
Niche motor specialist One Sure Insurance has acquired fellow Top 100 UK broker Freedom Brokers, Insurance Age can reveal.
TBIG backs Deva to buy David Vaughan & Co
The Broker Investment Group-backed Deva Risk Group has bought insurance broker David Vaughan & Co, adding offices in Dolgellau and Machynlleth, North Wales.