Consolidators
Jensten expects to reach £500m GWP goal by the end of the year
Jensten Group is set to beat the deadline it set itself to reach £500m GWP according to retail managing director, Robert Organ.
ProAktive buy part of national expansion, says Clear boss Lickens
Buying ProAktive is Clear Group’s gateway to the North and part of the plan to expand across the country, executive chairman Howard Lickens has confirmed.
Clear buys ProAktive
Clear Group has bought Yorkshire-based chartered broker and risk management business ProAktive, Insurance Age can reveal.
Lloyd & Whyte buys Naturesave Policies
Totnes-based Naturesave Policies, a broker with a focus on green and ethical insurance, has been acquired by Lloyd & Whyte for an undisclosed sum.
FCA warns on areas of harm in wholesale market
The Financial Conduct Authority has zoned in on wholesalers, MGAs, the London Market and consolidators and warned that firms have “not fully embraced its key messages” around product oversight or firm culture and purpose.
Howden buys TigerRisk
Howden Group has bought reinsurance broker and risk capital advisor TigerRisk Partners.
County Group buys Taylor Francis
GRP-owned County Group has bought the business and assets of Taylor Francis in its fourth deal of the year.
JMG eyeing up more deals after flurry of Scottish buys
Both JMG and recent purchase GS Group are on the lookout for more buys, according to the businesses’ leaders.
Greenwood Moreland buys R C McLeish
Greenwood Moreland has bought R C McLeish Insurance Consultants in Lanark in its first deal since joining JMG Group.
Earnix CEO warns on red flags
If a technology provider wants to change everything a company has done then it is most likely to be a “red flag”, Earnix CEO Udi Ziv told Insurance Age.
Clear sets £500m GWP target after Centor buy
Clear Group has set a £500m gross written premium target for the next couple of years after it achieved its £300m goal after snapping up Centor.
Clear buys Centor
Clear Group has bought Centor Insurance & Risk Management for an undisclosed sum.
GRP-owned DCJ buys SM Commercial
DCJ Group, part of Global Risk Partners, has acquired 100% of the share capital of SM Commercial Insurance Brokers.
County Group make third deal of the year with Marsh and Co
County Group, which is part of GRP, has purchased broker Marsh and Co, and its MGA, Ginger Markets, for an undisclosed sum.
Acrisure lifts the lid on network rollout and broker buying plans
Acrisure is forming a network and its application to the Financial Conduct Authority is “going in now”, president of UK retail Mark McIlquham, has revealed.
30 minutes with: Ardonagh's Rob Worrell
Rob Worrell joined Ardonagh Advisory – which includes Towergate, Ethos Broking and the networks business – in 2017. Insurance Age caught up with him to find out what has changed for the £4bn GWP broker
GRP buys Durham-based Castle Insurance Services
Global Risk Partners has bought 100% of the share capital of Castle Insurance Services as the consolidator targets growing its presence in the North East.
AUB Group to purchase Tysers for £500m
The Lloyd’s wholesale broker has entered a binding agreement to be bought by AUB.
Dave Clapp sets £250m three-year target for MVP and Ataraxia
Dave Clapp, CEO of Minority Venture Partners and Ataraxia, has unveiled a £250m gross written premium target for the broker investment group over the next three years.
Seventeen Group buys Torbay Insurance Services
Seventeen Group has added Torbay Insurance Services to its portfolio for an undisclosed sum in a move that completed at the end of April.
Aston Lark buys UKGlobal
Aston Lark has bought UKGlobal Broking Group marking the consolidator’s 50th buy since being formed in 2018.
Markerstudy completes BGL Insurance takeover
Markerstudy Group has completed the purchase of BGL Insurance announcing that regulatory approval for change of control was received in April.
The Irish broker market: Consolidation and compliance
David Worsfold visits the Emerald Isle to learn more about how the broker market is developing and asks if the next wave of consolidation will be an Irish one
Matson flags M&A as key to Gallagher growth strategy
Gallagher's UK business has reported 14% organic growth in Q1 2022 with EMEA CEO Simon Matson highlighting “advanced” deal discussions with a number of firms.