Mergers & acquisitions (M&A)
Aon and WTW deal expected to result in savings
Business expects to pay around $1.4bn in integration costs.
PIB makes motor trade move
The organisation has purchased a Top 100 broker to strengthen its motor proposition.
Aon to merge with Willis Towers Watson to create $80bn company
The $30bn deal will see the combined business operate under the Aon brand led by Aon CEO Greg Case, with the transaction expected to go through in the first half of 2021.
Sam White's Freedom expands into home with insurtech deal
Freedom Services Group's purchase of Aventus-driven broker Homelyfe was revealed earlier this week.
Ethos Broking creates Midlands hub
The organisation has purchased Perry Appleton which is based in Rugby and controls £7m in GWP.
GRP-owned Sagars buys Preston broker
Anderson Ashcroft has been bought for an undisclosed sum.
Saffron buys Romford-based C&M Insurance
Deal is the broker's seventh since it was bought by Ethos Broking in 2018.
GRP hub Greens makes first deal of 2020
Broker buys Hastings-based SME and personal lines specialist Manor Insurance Services as it reveals it has more deals in the pipeline.
Sutton Winson snaps up health and protection broker
Broker says acquisition of Flexible Health will allow it to expand its private medical insurance offering to individuals.
Ardonagh buys Rural Insurance Group
Ardonagh's Geo Underwriting has exchanged contracts to buy the trade and assets of the agriculture specialist.
Miles Smith owner SRG planning several more deals this year
Exclusive: Group CEO Warren Downey, who joined from JLT last year, outlined the firm's M&A plans.
Jensten Group hits acquisition trail
Exclusive: The organisation, formerly known as Coversure, is set to buy across its retail and wholesale divisions.
Stanhope Cooper owner buys HNW broker
Exclusive: Insurance Tailors, based in Twickenham, has been purchased by the specialist broker’s parent firm for an undisclosed sum.
Allianz committed to "under-performing" commercial property business
UK CEO Jon Dye comments on the insurer's financial results for 2019 and discusses broker support and acquisitions.
Bollington announces third deal this year
Group has added £9m GWP and 19 staff with its purchase of Midlands-based CLA (Risk Solutions).
PIB buys Croydon-based BK Insurance Brokers
The broker is PIB's 26th deal and operates in the property, corporate, private clients and SME sectors.
Bennetts deal to cost Ardonagh £26m
Motorcycle broker will join Autonet, Carole Nash and Swinton as part of Atlanta.
Ardonagh signs on to buy Bennetts from Saga
Ardonagh’s Atlanta division has exchanged contracts to purchase the motorcycle specialist broker.
Bollington Wilson buys trade credit specialist
Deal follows its purchase of Ashgrove Insurance Services last month.
Clear Group acquires rights of light specialist
Lights & Legal managing director Dean Perkin will stay with the firm.
Consolidators behind half of broker deals in 2019
Exclusive: Research from Mazars shows 83% of brokers feel that the current levels of consolidation are sustainable.
David Ross, CEO of Ardonagh Group - Taking on the world
Profile: David Ross, Ardonagh CEO, tells Insurance Age why he’s a lucky man and reveals his hopes for the group as he puts the challenges of the past five years behind him
Marsh's network merger will give brokers more options, claims network boss
David Hopwood promises the business "won't ignore" members' reasons for joining a particular network.
GRP retains hub focus following Searchlight deal
The investment will help GRP continue to buy UK brokers according to newly promoted Mike Bruce.