Mergers & acquisitions (M&A)
Brit reports improved profit and COR
Brit Insurance has reported an operating profit of £113.6m for 2012, up from £68.4m in 2011, in the first full-year results since it divested its UK business.
Chase Templeton adds £5m premium income with broker buy
Private medical insurance specialist intermediary Chase Templeton has purchased Hampshire-based broker UK Independent.
1 Answer Network buys BrokerDrive
1 Answer Network has boosted its "strength in numbers" after buying online broker network BrokerDrive.
Russell Scanlan buys Henson & Company
Russell Scanlan and associate company Russell Ulyatt have bought East Midlands-based Henson & Company.
Ex-Brit distribution chief to lead Gallagher's e-trading division
Arthur J Gallagher International has appointed Vivek Banga as director of e-trading.
Jelf boosts North West presence with broker buy
Jelf has acquired Howell Shone Insurance Brokers.
Stackhouse Poland completes £27m GWP LFC deal
Stackhouse Poland has completed the deal to buy LFC Insurance Brokers and its business Shield Underwriting.
AJG's 2012 broking profits jump by 11%
Arthur J Gallagher (AJG) saw its broking net profits jump 11% to $155.8m (£98.6m) for the 2012 full year, up from the $140.2m posted for 2011.
Towergate continues regional expansion with double broker purchase
Towergate Insurance has made two acquisitions in Leeds.
Speculation mounts over potential Paymentshield sale
Towergate has appointed an investment bank to lead the £400m sale of Paymentshield, according to the Sunday Times.
Revenues up at Hyperion as management mulls IPO
Hyperion Insurance Group has reported revenue of £110.6m for 2012, up 42% from the £87m reported in 2011.
Bryan James boosts equestrian book with Brightwells buy
Bryan James & Co has bought the insurance division of property management and auctioneer company Brightwells.
Gallagher eyeing up Barbon purchase
AJ Gallagher is closing in on buying Barbon Insurance Group, according to Post Magazine.
Aston Scott swoops for RSA subsidary Fyfe Group
Aston Scott has bought the brand and business of RSA subsidiary Fyfe Group.
Randall & Quilter makes first Isle of Man captive purchase
Randall & Quilter Investment Holdings has purchased Isle of Man-domiciled captive insurer Hickson Insurance Limited (HIL) for £525,000.
Nexus launches new Lloyd's trade credit agency
Nexus Underwriting Management has launched a new Lloyd’s managing general agency focusing on trade credit indemnity business.
NMJ Insurance buys in Derbyshire
NMJ Insurance Brokers (NMJ) has bought the general insurance business of M J Stansfield, taking its acquisition count to four since 2010.
Markel makes $3bn acquisition
Markel has acquired Alterra Capital Holdings for $3.13bn (£1.92bn).
Markerstudy claims "final piece to the puzzle" with credit hire swoop
Markerstudy Group has bought accident management company Vision Vehicle Solutions as it focuses on launching an "integrated motor service" in early 2013.
Das in talks to buy First Assist
Das is in takeover talks with First Assist Legal Protection, Insurance Age can reveal.
Markerstudy aims for £100m GWP with acquisition
Markerstudy Group has acquired Leamington Spa-based broker and call centre Insurance Choice.
Alan Boswell makes Peterborough expansion
Alan Boswell Group has expanded into Peterborough with two broker buys.
Chesterfield on acquisition trail with ex-RK Harrison hire
Chesterfield Group has appointed former RK Harrison boss Paul Attfield as executive director as the company prepares to snap up new business.
Alway sees Jelf reaping “the bounty”
Group chief executive at Jelf Alex Alway has hailed the broker’s performance as the bounty of four years’ investing in staff and an integrated strategy.