Consolidation
In Depth: Building a USP to make a broker network stand out
Networks are playing an increasingly important role in helping build and grow the independent broking successes of the future. With so much competition to choose from though, how are these businesses looking to differentiate themselves? Martin Friel…
The benefits and potential pitfalls of broker clubs
As Zurich becomes the latest major insurer to introduce a club for brokers, Ida Axling investigates the evolution of these offerings, and whether they remain as attractive to intermediaries as they were in the past.
Acrisure targets drawing on strength of one infrastructure for Eleven Network
Acrisure has dialled up Ten Insurance Services to Eleven Network, promising a transparent model and “unique” offering in the sector, spanning across appointed representatives and directly authorised firms.
GRP buys commercial broker Amicus
Global Risk Partners has bought 100% of Surrey-headquartered Amicus Solutions Holdings.
AssuredPartners buys recycling specialist broker GM
AssuredPartners has acquired Exeter-based recycling specialists, GM Insurance Brokers.
Acrisure buys AR network Ten Insurance
Acrisure has bought appointed representatives network Ten Insurance Services as it progressed its network plans, and will take the offering to market as “Eleven Network”.
Kingfisher buys Reis Motorsport Insurance from Markerstudy
Kingfisher Insurance has bought specialist broker Reis Motorsport Insurance from Markerstudy for an undisclosed sum, adding over 20 people and an office in Nottingham.
DR&P Group strikes three broker deals
DR&P Group has bought a majority stake in Radius (I.B.) in Hull, Sector Associates in Thirsk and Berry Insurance Brokers in Preston.
CEO Hardie anticipating Jensten sale within 18 months
“At some point in the next 12-18 months I think we will have a different investor in the business with or without Livingbridge remaining,” Jensten Group CEO Alistair Hardie has told Insurance Age.
Ardonagh expands into Greece
The Ardonagh Group has signed up to buy a majority stake in Athens-based SRS Group of Companies.
Jensten Group buys up Coversure member
The Jensten Group has bought the Coversure Poole Group for an undisclosed amount.
GRP owner Brown & Brown buys Nexus and Xenia owner Kentro
US giant Brown & Brown has signed up to buy Kentro Capital, which includes Nexus Underwriting and Xenia Broking, in a deal expected to close in the fourth quarter.
JMG strikes 20th deal
JMG Group has bought commercial and corporate broker Insure Business in its 20th acquisition since being formed just over two and half years ago.
Specialist Risk Group snaps up TLO Risk Services
SRG has added to its professional lines capability with the purchase of TLO Risk Services for an undisclosed sum.
Peter Cullum says there is 'less private equity' capital around as his firm nears £200m GWP
The Broker Investment Group founder Peter Cullum has revealed that his business is on target for £200m gross written premium.
The Broker Investment Group takes minority stake in Bedford broker
The Broker Investment Group has taken a 49% stake in Mayfair Insurance & Mortgage Consultants.
AssuredPartners picks up specialist broker InEvexco
AssuredPartners has bought Kent-based event specialist broker InEvexco.
Manchester, Liverpool and the buoyant North West are under the spotlight
As we put Covid-19 behind us, Sophie Locke-Cooper discovers brokers in the North West are positive about the prospects of the local market despite worldwide economic challenges such as inflation and UK-wide issues such as recruitment and talent retention.
News analysis: What impact has the rising cost of borrowing had on broking M&A?
The broking sector has continued to see significant activity when it comes to mergers and acquisitions despite potential barriers such as Covid-19 and a dwindling number of larger targets. Ida Axling asks whether inflation and rising interest rates might…
SRG adds to MGA offering with medical professional liability specialist
Specialist Risk Group has bought London and Gibraltar-based The Medical Professional Liability Company.
Howden Group posts M&A cash spend
Documents show how much the broking group spent in cash on UK deals, including Aston Lark and A-Plan.
Gallagher reveals retail and specialty organic growth
Gallagher’s UK & Ireland retail division achieved 7% organic growth in the first quarter of 2023, the global broking giant has revealed.
Ardonagh buys Stanhope Cooper and Renovation Underwriting
Ardonagh Advisory has signed up to buy a majority shareholding in high-net-worth broker Stanhope Cooper and MGA Renovation Underwriting.
PIB snaps up residential property specialist broker
PIB has completed its second acquisition in less than a week, buying property broker St Giles.