Mergers & acquisitions (M&A)
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
Bluefin confirms Scottish acquisition
The broker has bought its fourth company of the year.
Bennett Christmas buys RMJ
Rayment Matthews and Johnson bought for undisclosed sum.
Towergate “destroyed a very good business” says ex-owner of Dorset broker
Consolidator shuts Harry Fort Insurance Brokers two years after buying it.
Bluefin set for OKD purchase
Broker is positioned to buy OKD Insurance Brokers, reports say.
Alan & Thomas buys second Dorchester broker
Company plans to expand its business in the South West further.
Gallagher rebrands Oval
Blanc looking to the future as Oval to be rebrand under Gallagher banner at the end of the month.
Lockton buys Griffiths & Armour’s Glasgow business
Move to build Scottish operation continues for Lockton.
Jelf buys Cronin & Co
Purchase extends presence in the Midlands.
Speculation continues over Gallagher’s plans
Market rumours circulate over who Arthur J Gallagher is targeting next after “biblical” shopping spree
APC in new territory with Folgate buy
Market divided over benefits of adopting similar strategy
Academy buys Elstree Insurance Services
Broker targeting £32m GWP by financial year end.
Hendersons buys Richard Kiddle Insurance Brokers
Peterborough-based brokers buys book of business following Richard Kiddle’s death.
Markerstudy buys The Policy Shop
Broker's MD Sean Byrne to leave the business.
Bluefin buys RG Ford
All staff at the Chelmsford-based commercial and personal lines broker will remain with the business.
Green Insurance Group buys two Sussex brokers
First deals made by firm since it paired up with Cullum's MVP.