Mergers & acquisitions (M&A)
Oxygen to sell all assets
Oxygen Holdings is to dispose of all its assets after the sale of Robertson and Taylor for an undisclosed sum.
Stackhouse Poland buys Croydon-based broker
Stackhouse Poland has acquired Sutton Meears & Co for an undisclosed sum.
Towergate snaps up niche comparison site
Towergate Insurance has acquired caravanquoter.co.uk, a caravan and motorhome insurance comparison site.
Invicta completes Fountain acquisition
Invicta Insurance Services has acquired the household and property owners’ portfolios of Fountain Insurance & Investment Services.
Bluefin set to buy again
Bluefin chief executive, Stuart Reid, has revealed that the broker is set to embark on a new consolidation drive after securing funds from parent company Axa.
Brett and Randall sets out £100m turnover target
Leicester-based insurance broker Brett and Randall has laid out ambitious plans to double turnover to £100m within three years.
Cobra disposes of insurance broking operations
Cobra Holdings has announced the sale of certain fixed assets of its insurance broking operations in Caterham and Alton to ASG Risk Management, a subsidiary of Aston Scott Group, for £8.2m.
CCV's acquisition splurge continues
CCV has acquired Northumberland-based broker TVI Commercial.
Jelf director heads for Giles
Giles Insurance Brokers has appointed Andy Tedstone as group development director within the senior management team joining from Jelf where he was partnerships director.
CCV makes second acquistion of the month
CCV has acquired Midlands-based Three Counties Insurance Brokers.
Europe clears Liberty Mutual’s Quinn Insurance takeover
The European Commission has granted clearance, under the EU Merger Regulation, for the acquisition of the general insurance business in Ireland of Quinn Insurance by US insurer Liberty Mutual.
CCV makes significant addition to Welsh arm
CCV has acquired an 80% stake in Welsh broker Antur Insurance.
Power hour: High on the agenda
High net worth clients are not feeling the global downturn as much as others and are placing ever greater demands on both brokers and insurers, reports Emmanuel Kenning
The shopping spree is over
The golden years of mergers and acquisitions are over. Now it’s time to manage the debts, says Paul Upton
Giles offer for CBG Group “unconditional”
Giles Insurance Brokers’ cash offer for CGB Group, has now been declared unconditional.
Giles acquisition of CBG extended
Giles Insurance Brokers' recommended cash offer for CBG Group has been extended until 31 August.
RBS to contend with limited appetite for insurance sell off
It is unlikely that RBS Group will be able to fetch a good price for its insurance arm, according to financial experts.
Quinn Insurance sale facing October court date
The Irish Independent has reported that policyholders will have the chance to raise any objections to the sale of Quinn Insurance at a court hearing on 4 October.
Reid to take advantage of Axa parentage to push for growth
Bluefin CEO Stuart Reid has said the broker will become a much more fundamental part of Axa Commercial, as part of the new strategy.
Invicta continues on acquisition trail with latest broker buy
Invicta Insurance Services is set to complete its latest acquisition with the purchase of the entire general insurance portfolio of Suffolk-based Wordsmith Insurance Services.
What the Papers Say - August 2011
In this month's What the Papers say, senior reporter at Insurance Age Liz McMahon, is joined by fellow senior reporter Emmanuel Kenning to discuss the latest top topics in insurance with principal of Bellingham Communications Ben Welsh.
Reich makes second acquisition in as many months
Reich Insurance has completed its second acquisition in two months, with the purchase of Glasgow-based Surenet Agency.
Bluefin network members are vehemently independent, says Hopwood
David Hopwood points to member acquisition funding at Bluefin in day five of Network Spotlight.
Broker Direct to offload three brokers to Swinton
Broker Direct is to sell three brokers to Swinton Commercial, Insurance Age understands.