Mergers & acquisitions (M&A)
Romero ready to roll forward after AssuredPartners deal, says MD
Romero has found a “great” new home, and is ready to continue its growth journey under the new ownership of AssuredPartners, having doubled in size over the past five years.
Brown & Brown’s South East hub Greens buys Nsure
Brown & Brown has bought Worthing-based Nsure, a specialist commercial Chartered insurance broker with a focus on renewables.
AssuredPartners seals biggest deal yet with Romero buy
AssuredPartners has bought Leeds-based Romero Group, which includes Romero Insurance Brokers, Sentient Group and Club Insure.
Clear builds northern presence with Peter Hoare & Co buy
Clear Group has grown its northern footprint, snapping up Sheffield-based Peter Hoare & Company (Insurance Brokers).
Primary sells Policy Expert to Abu Dhabi Investment Authority
The Abu Dhabi Investment Authority has acquired a majority stake in insurtech Policy Expert from Primary Group, Insurance Age can reveal.
One Broker posts double-digit turnover and profit surge in run up to Jensten sale
Norwich-based One Broker has revealed achieving a 19.6% increase in turnover, and a 14.7% rise in post-tax profit ahead of its sale to Jensten.
Travelers snaps up cyber specialist for $435m
Travelers has agreed to acquire cyber insurance managing general underwriter Corvus Insurance for approximately $435m (£351m).
Howden Scotland adds Glasgow-based broker
Howden Scotland, formerly known as Bruce Stevenson, has acquired Glasgow-based Neilson Laurence & Neil.
Jensten closes One Broker deal and seeks more acquisitions in East Anglia
Jensten has completed the takeover of East Anglia-based One Broker Group, following approval from the Financial Conduct Authority.
Ardonagh builds out in Europe with Swiss deal
Ardonagh has signed up to buy Assepro, describing it as the largest independent commercial broker for SMEs in Switzerland.
NFP expands in West Midlands with second deal this month
NFP has bought Resolute Insurance Services, an independent insurance broker based in the West Midlands, further growing its presence in the region.
Romero explores sale options as consolidators circle
Romero, one of the UK’s largest independent brokers, is exploring sale options, Insurance Age understands.
Partners& extends Midlands reach with Beaumont Lawrence & Co move
Partners& has extended its presence in The Midlands with a deal for Beaumont Lawrence & Co, based in Shrewsbury.
Jensten makes first move outside UK as it snaps up Berns Brett
Berns Brett has been purchased by Jensten in a run of deals for growth in regions and specialisms by the Livingbridge-backed consolidator.
Accredited downgrade threat on hold as R&Q agrees $465m sale to Onex
R&Q Insurance Holdings has entered into a conditional agreement with Canadian investment business Onex Corporation to sell 100% of the equity interest in its front business Accredited.
Markel takes 49% stake in specialist MGA
Markel has announced a 49% strategic investment in Certa, the specialist tax managing general agent.
Premier Choice completes 10th deal under Brown & Brown ownership
Premier Choice Healthcare, the health insurance arm of Brown & Brown Europe, has bought 100% of the share capital of Brighton-based intermediary, Healthcover.
Jensten swoops for White Rose
Jensten has bought the business of White Rose Insurance Solutions in a deal that bolsters its regional centre in Yorkshire and Humberside.
Partners& bolsters Northern hub with latest broker deal
Partners& has bolstered its presence in the North of England with a deal for Stephensons Risk Management
NFP builds out West Midlands presence with another buy
Acquisitive NFP has acquired The Cronin Insurance Consultancy, a commercial insurance broker based in the West Midlands.
Prosura makes first broker buy
Wakefield-based Prosura has struck its first deal, buying First Stop Insurance Brokers in Sheffield, Insurance Age can reveal.
Headline makers – October 2023
The hottest stories from 1 to 30 September.
The Broker Investment Group-backed SSP buys BLS
Stevenson Seacombe Partnership has bought 100% of BLS Insurance, a £2.5m gross written premium broker based in Bury, as backer The Broker Investment Group upped its stake in the business.
Brown & Brown buys two in Northern Ireland
Brown & Brown (Europe) has bought claims management firm Davison & Associates (NI) and insurance consultancy business Davison Lamont in Northern Ireland through its hub ABL Group.