Mergers & acquisitions (M&A)
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.
Hiscox buys specialist broking business Event Assured
All staff will remain in the business.
Acturis buys in Germany
Technology firm acquires motor software provider.
Kaufman buys Oval International
Acquisition will see the Lloyd’s broker rebrand under original Lochain Patrick name.
County buys Clement Gallagher
Merseyside broker bought after 46 years in business.
Seller beware
Following on from July’s column Tony Cornell considers the further implications of selling your business
Clear looking to buy “three or four” brokers
Lickens says broker is considering purchasing firms with around £2m to £10m in GWP.
JLT Specialty and Lloyd & Partners merge
Broker also announces plans to expand US offering with £50m investment.
Clear Insurance generates £6.5m in refinancing deal
Broker raises cash to fund future acquisitions and drive growth.
RSA sells Singapore and Hong Kong businesses to Allied World for £130m
Cash deal comes with promise of more disposals over next 18 months.
Swinton acquires broker books in Wales
Firm says it is "always in the market" for deals.