Mergers & acquisitions (M&A)
Bluefin buys Carlisle-based broker
Bluefin has acquired Ross Lloyd in Carlisle, its third acquisition of 2010.
Giles makes its largest acquisition
Giles has announced the acquisition of RA Rossborough and its general insurance broking companies. While the amount of the deal has not been disclosed Giles has confirmed it is the largest acquisition in the company’s history.
News review: November 2010
IAG UK-owned broker Barnett & Barnett almost doubled its size to £50m gross written premium, with a move for a controlling stake in Bromley-based commercial and personal lines specialist NBJ.
Brokers penetrate regions with further acquisition activity
Acquisition activity has continued to bubble away in the regions where Cullum Capital Ventures (CCV), Barbon Insurance Group, Antur Insurance and BLS Insurance Brokers have all swooped for new businesses.
PB December 2010: News round-up
Apple iPhone apps continue to be all the rage in the insurance industry. Aviva launched MyClaim, a free app enabling policyholders to file a motor insurance claim remotely from their iPhones.
Focus - Broker funding: Finding your way through
With the major banks still cautious about lending, brokers are finding it tough to access funding for growth. Rachel Gordon looks at the options.
Technology - 2010 retrospective: Software houses moving forward steadily
This year, most of the key players in technology were pleased with steady progress, keeping close to existing clients in a tough economic environment for brokers, writes Andrew Tjaardstra.
Towergate firm aquires healthcare arm of IFA
Towergate Healthcare has acquired the healthcare business of IFA Origen Financial Services.
CCV makes foray into underwriting with latest acquisitions
Cullum Capital Ventures (CCV) has completed the acquisition of two further businesses in the north east of England.
Barbon expands lettings division with South west acquisition
Barbon Insurance Group has acquired Teignmouth-based residential lettings specialist, Rentshield.
News round-up: Broker acquisitions
Essex-based commercial broker LFC Insurance Group acquired £2.25m gross written premium Chelmsford Insurance Centre.
Management Clinic - Due Diligence: What's in the box?
We have the opportunity to make our first acquisition of any size and it looks like a good fit. How can we be sure of what we are buying?
News round-up: Insurers
Brit has formally accepted an offer of £888m from Apollo Management and CVC Capital Partners. The deal if agreed by shareholders is £10.75 for each share plus a further 25p if targets are met.
Broking Success - Stonebridge Corporate: Building fast
Andrew Tjaardstra meets two young brokers aiming to make waves in their local market by growing their business fivefold.
Antur acquires broker DW Burrows
Welsh broker Antur Insurance has announced its acquisition of Barry-based broker, DW Burrows, in a bid to strengthen its competitive edge in South East Wales.
Brokers strive for growth with series of recent acquisitions
Access Insurance, Cullum Capital Ventures (CCV) and LFC Insurance Group have all revealed ambitious growth targets following a spate of recent acquisitions.
Analysis of top 100 brokers reveals market share increase
The UK broking market has weathered the economic storm well with the top 100 brokers managing to increase their market share, according to Insurance Age's 2010 Top 100 Independent Brokers supplement.
News review: October
The founder and chairman of direct insurer Esure, Peter Wood, revealed that 2014 would be the earliest date that the company would launch an initial public offering.
How to complete an MBO: Successful successions
MBOs provide a fantastic opportunity for management teams to get a taste of acquisition activity in a familiar market. Mike Pawson gives guidance on how to ensure the deal runs smoothly.
Health news: Rockbridge deal underlines CBG's healthcare focus
CBG Group has acquired Rockbridge Healthcare as part of its growth strategy in the healthcare sector.
The Top 100 Independent Brokers 2010
The sixth edition of the Top 100 Independent Brokers supplement, published by Insurance Age in association with Cornell Consulting has thrown up a few surprises.
CCV snaps up another two businesses
Cullum Capital Ventures (CCV) has acquired the general insurance arm of Bolton-based Standrings and Sussex-based Goodwood Insurance Services.
Quinn bidders fear outstanding claims, according to reports
The Irish Independent has reported that several of the five bidders for Quinn are reluctant to buy the whole company fearing the outstanding claims and liabilities caused by previous management.
CBG buys healthcare broker
CBG Group has purchased Rockbridge Healthcare for an undisclosed fee.