Mergers & acquisitions (M&A)
Beazley board ‘not yet had the chance to consider’ £7.67bn Zurich takeover proposal
The board of Beazley has responded to Zurich’s bid confirming it has not had time to consider the improved offer having rejected a previous approach.
Lloyd’s broker Servca acquires specialist PI book
Superian Insurance Group has acquired the renewal rights for O3 Specialty, a broker that specialises in professional indemnity cover for financial advisers.
Inflexion and Ascend look to build ‘home where best brokers want to be’
Dominic Clark, investment director at Inflexion has targeted building the home the best brokers want to join, after buying Ascend Broking Group.
PE house Inflexion to invest £200m in new broker M&A platform
Inflexion, a European mid-market private equity firm, has launched an insurance broker platform looking to deploy £200m in M&A investment over the next four to five years, beginning with acquiring Ascend Broking Group.
JMG spend on deals surges to new high in year before PE investment
JMG Group spent £89.62m on buying in 2024/25, the financial year ahead of private equity firm GTCR investing alongside existing backer PE house Synova and the broker’s leadership team.
Nexus buys medical tourism specialist MGA
Brown & Brown-owned managing general agent Nexus Underwriting has bought Sure Insurance Services, a provider of specialist solutions for the medical tourism industry.
Seventeen Group boosted turnover but losses widened in run-up to PE investment
Seventeen Group grew turnover by 16.4% to £52.76m in 2024 helped by 11 acquisitions however the cost of the deals hit the bottom line.
SRG starts 2026 buying with Kennett
In its first deal of the year, Specialist Risk Group has agreed to buy Kennett Insurance & Risk Management, which has offices in Hull and Leeds.
Partners& seals first deal of 2026 with North East buy
Partners& has made its first acquisition of the year with the purchase of STP Risk Solutions, a chartered insurance broker based in Hull.
Jensten reveals deal hattrick
Jensten Group has bought Broker One in Scotland, Coversure Dudley and Mediprotect Healthcare.
Quietest Q4 and annual M&A totals in years, says MarshBerry
There are “arguably no immediate catalysts that will likely push deal activity up to 2023/24 levels for the foreseeable future”.
Verlingue UK returns to buying with Cambridge firm
Verlingue has bought Cambridge-based employee benefits and financial planning specialist, EBCam.
The numbers that reveal the true extent of the 2025 broker deal slump
The number of UK broker deals halved in 2025 to the lowest level in the three years since Insurance Age started its interactive map series, with the fall coming despite the number of buyers remaining steady.
MGA Uris Group seals first acquisition post-Ardonagh split
Specialist personal lines MGA Uris Group has acquired Lutine Assurance Services from Ardonagh Group as it looks to diversify its offering for brokers.
Partners& reveals first annual pre-tax and operating profits
Partners& has revealed pre-tax profit of £2.38m and operating profit of £1.82m, turning its red ink to black for the first time in its history across the two key metrics.
Jensten reveals deals bill in run-up to Bain takeover
Jensten picked up a bill of £75.73m for four acquisitions in its final full year under Livingbridge’s ownership.
TBIG closed 2025 with seventh deal
The Broker Investment Group completed its seventh deal of 2025 at the end of December backing The Needham Group to buy Black Lion Broking Services.
End of Year Review 2025: Allianz UK’s Nick Hobbs
Nick Hobbs, chief distribution officer at Allianz UK, prays for a more balanced approach to regulation that enables and encourages great conduct and customer outcomes; congratulates Ken Norgrove for the Intact rebrand; and looks to a feathered friend for…
End of Year Review 2025: Create Insurance Solutions’ Mike Cranny
Mike Cranny, founder of Create Insurance Solutions, remains disappointed by consolidation that brings nothing beneficial for customers – and questions shiny new hires that claim to bring “a wealth of talent” to a new employer.
End of Year Review 2025: Percayso’s Chris Traill
Chris Traill, account director at Percayso Inform, is happy the market is leaning harder into data-driven segmentation rather than just chasing the cheapest headline rate; but adds even with Consumer Duty, there are still examples of poor communication…
MBP invests in cyber broker taking deal count to four in recent months
Peter Cullum-backed Minority Broker Partnerships has invested in London-based specialist cyber and technology insurance broker and digital platform, Cyber Cover.