As Markerstudy acquires Brightside Jonathan Swift looks at a deal over seven years in the making that has highlighted a tale of two investments for Anacap.
It is the fourth deal this year for Specialist Risk Group and adds £30m in GWP to the business.
Element Hinton specialises in construction, waste, engineering and leisure and the deal follows investment into PIB by Apax Partners.
Canadian insurer Intact is set to buy RSA's Canadian and UK & International operations in the second quarter of this year.
Markerstudy finally gets its hands on the specialist personal lines broker after being rejected for undervaluing the broker in 2013.
Bristol-based broker Venture Insurance has joined the Peter Blanc-led business.
Morphose Capital Partners’ Nick Atherton reveals how brokers can make the most of a post-pandemic uptick in M&A activity
JM Glendinning has acquired specialist insurance services firm Nowell & Richards for an undisclosed sum.
The MGA is chartered and based in East Anglia.
GRP purchased Birmingham-based Newstead in January this year and described it as a “flag in the ground” in the city as it seeks to build its presence.
Bruce Stevenson has been bought for an undisclosed sum and CEO Edward Bruce will now lead Aston Lark’s operations in Scotland.
The deal, which is set to complete later this year, will see the Axa XL Private Clients team move across to Aviva to launch a new Aviva Private Clients proposition.
PE firm backs DR&P Group with intention to support the broker to grow organically and through acquisition.
Deal for IIGL will see Avid diversify into four new specialisms as the MGA's GWP reaches £75m.
Hemsley Wynne Furlonge, which will be bought by Ardonagh subsidiary Hamilton Investment Bidco, brings £10m of revenue and 17 staff to the group.
In our continuing series, Beech Tree founder, Marsh talks through the investor’s interest in UK insurance distribution and its investment into managing general agent Avid Insurance.
Motor insurtech Abacai launches with backing from Complete Cover owner Sun Capital and sees Wilson take charge as CEO alongside a leadership team including two executives from CCG.
It has bought Advance Insurance Agencies to act as a specialist personal lines hub for its franchisees and broking operation.
Five Insurance Brokers specialises in the construction, manufacturing and process, haulage, motor trade and warehousing sectors and will become an appointed representative of GRP.
Deal includes two niche brands - Self-Build Zone and Build-Zone - as well as technical surveying and risk management business Build-Zone Survey Services.
IMAS analysis highlights “sobering conclusions” for buyers as potential targets diminish but broker M&A still reports record year in 2020.
Bruce discusses growth plans for the networks business, what members will see differently following the acquisition and how GRP plans to add some “extra oomph” to the proposition.
The acquisitions will add £50m in annual premium income to Aston Lark, which says it is now set to become one of the biggest private medical insurance brokers in the UK.
The takeover, which includes Marsh ProBroker, Bluefin Network and Purple Partnership, will see David Hopwood continue to lead the combined networks business as part of the GRP executive team, as group CEO Mike Bruce promises there will be no redundancies.