Mergers & acquisitions (M&A)
Saffron continues growth spree with Chris Semmens merger
Saffron Insurance has merged with Baldock-based Chris Semmens (Commercial) Insurance Broker.
Insurance law firms Parabis and Everatt join forces
Parabis Law has merged with Everatt & Company, creating what they claim to be a £100m plus turnover business with more than 60 partners.
Woodstock makes three acquisitions in a year
Endsleigh-owned Woodstock Insurance Brokers has confirmed the acquisition of a book of business from the personal lines arm of Clear Insurance.
Antur acquires Haven Insurance’s Swansea office
Antur Insurance has announced the acquisition of the Swansea office of Haven Insurance Brokers.
Giles makes record buy despite fall in results
Giles has made the largest acquisition in its history despite experiencing a drop in turnover and earnings for 2010.
Higos reveals three-year plan of acquisition and organic growth
Higos Insurance Services has embarked upon an ambitious growth plan that could see it more than double in size over the next three years.
News review: December
A brief round-up of December's news.
Higos announces bold growth plan with senior appointment
Higos Insurance Services has appointed a retail branch director as part of ambitious plans to add 20 high street branches in the next three years.
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.