Mergers & acquisitions (M&A)
More than 100 jobs at Markerstudy-owned business at risk
A 45-day consultation is underway, set to conclude on 20 January.
Canopius subject to a £600m takeover bid by Japanese insurer
Deal reportedly set to be completed during the coming week.
Alway anticipates growth not takeovers for Jelf
Alex Alway, chief executive of Jelf Group, has ascribed the rise in profits and revenue at the firm to “heavily investing back into the business”.
Higos buys Dorset-based John Morgan Insurance Consultants
Broker also involved in two office moves.
Jelf Group posts profits leap
Company announces rise in revenue and Ebitda for full year.
Davies buys Garwyn
Garwyn CEO Artur Niemczewski to leave.
Brokerbility buys software provider BrokerTech
Network aiming to develop new trading partnerships.
Towergate confirms Footman James buy
CEO Hodges says new buy will complement existing motor book.
Aon announces sale of Footman James to Towergate
Towergate confirmed last month that it was in "advanced discussions" for the broker.
Holman admits Markerstudy may make fresh Brightside bid
Markerstudy will be able to return with a new offer in Spring 2014.
Hodges: Property underwriting sale is "not a sign of weakness"
Towergate Group CEO defends decision to sell division to Peter Cullum-backed venture.
SSP owner's purchase of Applied Systems sparks debate
Applied Systems insists no changes planned after deal.
Applied Systems bought by private equity
Deal follows Applied System's acquisition of Insurecom earlier this year.
Manchester Underwriting buys Senior Wright Indemnity
Specialty MGA underwriter acquires Lloyd’s broker.
Gallagher back in the spotlight
And so it begins again ...
Arthur J Gallagher to raise $200m in stock sale
Broker to fund further acquisitions through sale.
Coversure opens four new offices across the UK
Broker grants franchises for new regional branches.
Academy buys Birmingham-based P M Hart
Broker makes first move into the Midlands.
Markerstudy buys Capita’s personal lines businesses
Provider takes on four businesses.
McManus appointed UK retail CEO as Gallagher completes Giles buy
Broking giant confirms new role and title as Giles is rolled into retail division.
Towergate in "advanced discussions" to buy Footman James
Towergate describes potential acquisition as "central" to its growth strategy.
Applied Systems to open new data centre
Software provider has earmarked a January 2014 opening.
Markel International reports $20m boost in GWP
Provider pleased with third quarter outcome as COR stays flat.
Ageas UK CEO calls for underwriting discipline
Insurer chief praises quarter three results.