Consolidators
Clear CEO reveals next steps after "brilliant" Brokerbility deal
Howard Lickens discusses plans for the Brokerbility Network following the transaction, which also increases Clear's regional presence, particularly in the Midlands.
Clear buys Brokerbility
The deal includes BHIB and brings Clear’s GWP up to £200m.
Shuker and Howden lift lid on A-Plan deal
The sale of A-Plan to Howden is believed to be valued at up to £700m.
Howden buys A-Plan to create £4bn GWP broker
Carl Shuker will continue to lead the personal lines specialist.
GRP makes first Irish deal
Consolidator makes Dublin-based Crotty Insurance Brokers its Irish hub as it announces plans to make further deals in the Republic of Ireland.
CMA: Ardonagh’s Bennetts buy raises competition concerns
Government body says Ardonagh and Bennetts have five working days to address the CMA’s concerns, after it found that the merged company would face “only little competition” from other much smaller motorcycle insurance specialists.
Aston Lark focuses on London Market
Peter Blanc says London Market is priority for the broker and reveals MGA/underwriting hopes as the business buys Lloyd’s broker Brunel Professions.
Shareholders approve $30bn Aon/WTW deal
The agreement was originally announced in March this year and will see the creation of the world’s largest broker.
Ethos Broking makes first deal since takeover by Ardonagh
Guy Penn & Co becomes the latest Ethos regional broking powerhouse.
Ardonagh buys Thames Underwriting
The MGA, which specialises in the construction, leisure and commercial sectors, brings £20m of GWP to Ardonagh and will operate within Geo Specialty Group.
County makes second deal in a week
The GRP-owned business has purchased Cheshire-based Britannia Consultants Services.
GRP-owned County buys CJN Insurance Services
Broker states it has a number of deals in due diligence and expects to add to its portfolio soon.
CMA orders Ardonagh to keep Bennetts separate as deal completes
Ardonagh’s £26m purchase of the motorcycle specialist approved by the FCA, but the ongoing CMA inquiry looking at how the transaction impacts competition in the market continues.
Aston Lark consolidates Lloyd's presence with broker buy
The firm has purchased Incepta for an undisclosed sum.
Bennett Christmas buys Sennet Insurance Services
Bennett Christmas is part of the Ethos broker stable and adds the professional indemnity specialist to its portfolio.
GRP buys seven business books from Aon
The deal includes a large portfolio in Northern Ireland.
CMA launches official inquiry into Ardonagh’s Bennetts deal
The regulatory body must make a decision on whether to refer the merger for further investigation by 16 September this year.
PIB spent £75.6m on deals in 2019
CFO Ryan Brown says the consolidator has a "very healthy pipeline" of future acquisitions, as PIB's GWP hits £986m.
Ardonagh completes £2bn debt raise and deals for Bravo Group and Arachas
The move, announced in June, brings Broker Network back into the fold as Ardonagh confirms £300m war chest to fund future deals.
Covid-19 to boost broker M&A
David Hopwood, of Marsh Networks, predicts the pace of M&A will increase as the UK moves out of lockdown.
WTW calls shareholder meeting on Aon deal
A meeting of Willis Tower Watson shareholders has been called as US Department of Justice calls for more information on the £22.9bn merger.
Miles Smith-owner SRG buys Insolvency Risk Services
The company purchased the administration specialist from MS Amlin as SRG teases further strategic partnerships.
GRP moves into health insurance sector with new deal
Towcester-based broker Premier Choice Healthcare becomes consolidator's healthcare hub.
Ardonagh moves forward with refinancing
The $500m ‘payment-in-kind’ toggle notes have been priced as the business progresses with £1.9bn refinancing which includes a $300m war chest.