Returning to the market, Barbara Bradshaw sees the same mistakes being made and bemoans unequal access to finance
As consolidation picks up pace again, Paul Meehan looks at if any lessons have been learned from the last round of buyouts
“If… hundreds of players all have a little nibble, then they will need to get their funding from somewhere”
Broker works to rebuild trust after closing the deal with unsecured creditors
Change will be this year’s defining theme, says Bill Cooper, and small to medium-sized brokers are in a perfect position to exploit it
Jasper Martens shares his overview of 2014 and takes about how the line between broker, aggregator, and insurer is blurring.
The Chancellor’s prediction of strong growth in GDP could point to a resurgence for the commercial insurance market, says Paul Upton
Recent acquisitions and shareholder tension at consolidators puts model under the spotlight
Markerstudy Group underwriting director Gary Humphreys tells Caitlin Morrison why the firm courted Brightside and what prospects he sees for the market
Uncertainty around what the incoming Financial Conduct Authority (FCA) wants from the broking industry is causing the greatest concern in the market and greater clarity must be given before damage is done.
Cobra Holdings’ sale could create lucrative opportunities for rival networks
So we’ve got three insurers up for sale, namely RBSI, Brit and now Groupama. Consolidation in the insurer space has been predicted for some time now but I don’t think people expected it to happen like this – more deals done behind closed doors than…
Central Insurance has completed its second acquisition of the year with the purchase of Edinburgh-based Castle Cairn Insurance Brokers.
More than two thirds (68%) of private equity houses plan to invest in the UK financial services market in the coming year, particularly in insurance and banking, according to a Grant Thornton report.
The golden years of mergers and acquisitions are over. Now it’s time to manage the debts, says Paul Upton
Reich Insurance has completed its second acquisition in two months, with the purchase of Glasgow-based Surenet Agency.
Giles Insurance Brokers has made a £5.1m cash offer for CBG Group.
“We’ve seen more activity this year than last. Everybody I speak to wants to buy books of business, get in new teams or do small acquisitions. There is certainly the appetite out there for buying up businesses”
Towergate Insurance has purchased Tunbridge Wells-based BWA (Insurance Services) for an undisclosed sum.
Invicta Insurance Services is set to complete it latest acquisitions which will add 2,500 customers and over £1m GWP to its portfolio.
Reduced insurer appetite in the personal lines market should serve as a timely reminder to brokers to avoid the pitfalls of placing all their eggs in one basket.
CBG’s results for 2010 have revealed a drop in pre-tax profits to £842,000 (2009: £1.03m) with revenue also falling by just over £1.2m to £7.7m (2009: £8.96m).
Emmanuel Kenning meets Duncan Macbeth of Macbeth Scott & Co as he prepares for retirement after more than 30 years as a broker and casts his eye over the insurance industry.
The biggest names in the industry come together to debate the key issues facing brokers at the moment, from regulation and rates to consolidation and distribution. Martin Friel reports.