Construction
Seventeen Group completes refinancing
Seventeen Group, the parent firm of broker James Hallam, has refinanced with Ares Management.
Amicus hits £22m in GWP and sets sights on M&A
Amicus CEO, Adam Scott, has told Insurance Age that the broker is looking to do deals as it aims to become the largest construction waste broker in the UK, following last year's MBO which was supported by Shawbrook Bank.
Burns and Wilcox eyes £60m-£65m in GWP
The MGA and underwriting business has experienced “significant growth” since it was created in 2019 and is open to M&A as a tool for growth according to CEO, Stuart Kilpatrick.
HDI restructures UK & Ireland operations
HDI Global and HDI Global Specialty’s UK and Ireland branches have been brought under a common leadership structure for the first time.
DR&P buys Channing Lucas & Partners
DR&P Group bought a 90% stake in Lloyd’s broker Channing Lucas & Partners late last year, according to a filing at Companies House.
QBE launches contractors combined for mid-market
QBE has launched a contractors combined product targeting the evolving needs of middle market construction customers.
Blog: Bona fide sub contractors – a hard sell?
Martino D’Aliesio, lead underwriter – casualty at Ensurance, on the key questions for brokers to guide their construction clients through the complex bona fide sub contractors area.
PIB buys Bailey Garner (Health & Safety)
The deal adds nearly 20 staff to the consolidator’s risk management business taking the total headcount to approaching 80.
Howden buys boutique broker, Ross Insurance Group
The business, based in Surbiton, specialises in financial and construction risks.
Consilium adds PI cover to asbestos scheme
The product is available to asbestos removers, demolition contractors, surveyors, general building firms, and allied trades.
Broking success: Care and the community
Directors Stephen Ward and Ryan Roberts talk to Insurance Age about the company’s genesis, things they would have done differently and plans for expansion across Cumbria.
RAW Insurance on track for further expansion
After having opened an office in Kendal last month, co-founders Ryan Roberts and Stephen Ward tell Insurance Age about their plans for the future.
PIB buys in Nottingham
JRT Insurance Brokers is PIB's eighth deal this year and will be integrated into its specialty division, PIB Insurance Brokers.
FCA issues warning over broker Professional Construction Risks
The watchdog said that it appears the business “acted dishonestly” and warned customers to decline to do business with the firm.
BLW becomes registered Lloyd's broker
The wholesale broker was bought by S&G Risk Solutions last year.
MBO for Blythin & Brown
Shawbrook Bank supported the venture with a commercial loan.
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.
PIB buys Jersey-based CBCJ
Consolidator says the PI specialist broker will be integrated into its Guernsey-based business as it plans to expand across the Channel Islands.
Seventeen Group snaps up Ruislip-based broker
Deal for Pinner Risk Solutions follows its purchase of Ipswich-headquartered Ryan's last week.
Armco launches Cape Insurance
The consultancy has developed a niche risk and insurance adviser for property investors, developers and the construction sector.
Q Underwriting extends Aviva capacity in £200m deal
The specialist underwriter confirmed the renewal of key binder Aviva, plus, developments to its Covéa-backed contractors combined product.
Vista Insurance Brokers launches North West subsidiary
The fresh division is set to focus on construction, manufacturing, import/export, engineering, and haulage.
PIB buys Staffordshire broker in second deal of 2021
Element Hinton specialises in construction, waste, engineering and leisure and the deal follows investment into PIB by Apax Partners.
Avid swoops for specialist construction MGA
Deal for IIGL will see Avid diversify into four new specialisms as the MGA's GWP reaches £75m.