Consolidation
The Blog Spot: An exciting return to local focus
Following reports of a rise in the number of start-up brokers, Ida Axling says it is great to see that the entrepreneurial spirit remains strong in the broking sector.
More acquisitions in the pipeline after Jensten closes largest deal to date
CEO Alistair Hardie discusses Jensten's acquisition strategy and why Tasker "fits the bill" for what the business is looking for.
Partners& buys loss adjuster Kudos
The broker hopes that the purchase will offer clients and insurers a better overview of risks.
Jensten buys Tasker
Deal includes Tasker Insurance Brokers, Tasker & Partners, and Gresham Underwriting and brings £50m GWP to Jensten.
Willis IRM buys Playle Russell (Special Risks) and Thatchline
The Belfast-based broker is taking further steps towards its UK expansion with its Southern England purchase.
US DoJ files lawsuit to block Aon/WTW merger
The two brokers have said they disagree with the move after the DoJ warns merger would “create a broking behemoth” and “threatens to eliminate competition, raise prices and reduce innovation”.
Aston Lark buys Premier Insurance Consultants
The Bolton broker is Aston Lark’s 15th deal this year.
Interview: Hedron Network CEO David Hopwood
Hopwood discusses GRP's takeover of Marsh Networks and what will be different for members after Marsh ProBroker, Bluefin Network and Purple Partnership became one single proposition.
Geo adds Arnott Marine book to portfolio
The transfer sees Steve Gordon join Geo Underwriting as product head while the Ardonagh-owned entity expands its marine proposition.
XS Direct secures UK location with Brightside MGA buy
CEO Chris McCann tells Insurance Age about entering the UK market post-Brexit and reveals the Dublin-based company’s plans for the future.
Aston Lark Ireland seals fresh deal in Dublin
The Dublin-based broker, which specialises in both personal and commercial lines, is the consolidator’s fourth deal in Ireland this year.
Clear furthers expansion with Anderson White buy
The acquisition of the Horsham-based broker is said to strengthen Clear’s presence in the South East.
GRP-owned Crotty buys Martin Insurance
Deal is Dublin-based Crotty's first since it became GRP's Irish hub business last year.
Brightside's MGA Kitsune sold to XS Direct
Deal comes after Brightside announced last November that Kitsune was to close the new business and go into run-off.
Ethos Broking buys Drayton Insurance
The deal will see Ethos expand its footprint in the East Anglia region.
Partners& targets £400m in GWP
Following its purchase of Town and Country, CEO Phil Barton tells Insurance Age about the broker's hub strategy, reveals plans for further growth and discusses how the pandemic has highlighted the need for brokers to provide better advice.
Ardonagh to buy BGC's insurance business for $500m
The deal includes Ed Broking Group and Besso Insurance.
Ardonagh's Q1 deal spend revealed
The consolidator has paid £111m in cash for deals including Marmalade, Hemsley Wynne Furlonge, AccuRisk, and Resilium as it also states it was paid £22.75m for Bennetts.
Partners& acquires Town and Country
The deal will see the broker build its presence in the South West and establish a regional hub.
Ardonagh Advisory buys loss adjuster
Thompson & Ryan is based in London and has a nationwide presence.
Aston Lark Ireland continues expansion with fresh deal
Brady Burns & Associates, based in County Kildare, is the consolidator's third deal in Ireland this year.
Marsh’s Neil Poulton appointed MD at Sagars
Founder, John Meadows, has stepped back from his leadership role at the Global Risk Partners-owned broker.
Income up in acquisitive Q1 for Ardonagh
Group income has increased to £199.7m as the consolidator flags a mix of acquisitions and organic growth.
Brokerbility and Ataraxia-founder Stuart Randall sets up fresh broker service
Brokerring has been developed to encourage smaller independent brokers to grow amid a consolidated broker landscape.