Mergers & acquisitions (M&A)
Willis deal “biggest” acquisition for Clark Thomson
Broker insists independence remains following the deal which also saw it join Willis Commercial Network.
Saga buys bike broker Bennetts for £26.26m
Deal takes firm up to approximately 20% of UK motorbike insurance market.
Bennett Christmas buys book of business from Howden
The broker plans to grow to £20m in the next three years.
Miles Smith plans acquisitions after refinancing
Broker announces growth plans following refinancing with Clydesdale.
Hiscox to buy MGA and HNW provider from R&Q
Deal expected to complete this quarter of 2015.
Cinven buys Premium Credit for £462m
Andrew Doman stays as chief executive following private equity deal.
XL's takeover of Catlin confirmed
The businesses have agreed to a deal worth £2.79bn.
Japanese insurer invests £105m in Insure The Box telematics firm
Deal sees Catlin get £85m for its stake in technology-based business.
Simply Business edging toward 300,000 customers
Jasper Martens shares his overview of 2014 and takes about how the line between broker, aggregator, and insurer is blurring.
Bluefin buys Marchant McKechnie
The regional broker is Bluefin's fifth acquisition of the year.
Catlin confirms XL’s £2.5bn takeover approach
Deal would be funded through mixture of cash and shares.
Integro buys Howard Global
New York-based firm buys broker to add to list of specialisms.
Tasker buys licensed trade sector broker
Tasker Insurance Group snaps up Dartford-based Pro Hospitality.
Jelf buys Beaumonts for initial £10.1m
Deal cost will rise by £8.28m if Ebitda targets hit.
Equistone sells A-Plan stake to HgCapital
Broker chief says it is "business as usual" for the firm.
Editor's letter - December 2014
“‘Insurance is a people industry’… But it is precisely the people who are at risk of being forgotten in the quick-fire way this story is unfolding”
Speculation rife over Towergate’s future
What are the next steps for the troubled consolidator?
Aviva agrees £5.6bn takeover with Friends Life
Both boards will recommend proposals to their shareholders.
Mergers and acquisitions predicted for MGAs
Survey finds flexible business models cited as the top reason for success.
Anscombe targets buying specialist brokers following funding deal
Seventeen Group to expand in specialist lines after securing finance arrangements with Clydesdale Bank.
Aviva confirms Friends Life bid plans in £5.6bn move
Deal would be structured on a share swap basis.
Towergate confirms takeover bid approaches
Consolidator appoints Evercore and Rothschild as joint advisers.
Clear acquires Heartland Group
Seventeenth acquisition by Clear as it moves to reach £84m in premium by 2016.
Insurers are poor at buying other businesses
The possible sale of RAC shows how insurers have difficulty in enhancing shareholder value when acquiring non-core businesses, writes Tony Cornell