Consolidation

PIB buys ABI in Italy

PIB Group has moved into the Italian market with its latest buy, expanding its portfolio, which already included offerings in Ireland, Germany, Poland, Spain and the Netherlands.

Movo buys CCS Insurance

Movo Partnership network has bought CCS Insurance adding £1.8m of gross written premium and three staff to the group.

JMG targets doubling in three years

Having hit £200m gross written premium years ahead of schedule, JMG Group is targeting doubling over the next three years, CEO Nick Houghton revealed to Insurance Age.

JMG broker deal costs revealed

JMG Group’s ultimate holding company, Augusta Topco, picked up a bill of £17.26m for buying brokers in the financial year ended 31 March 2022, and followed it up with a further £57.7m outlay in the rest of the calendar year.

GRP buys BPW in South Wales

Global Risk Partners has made its third purchase of 2023, snapping up BPW Insurance Services in its first Welsh buy of the year.

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