Mergers & acquisitions (M&A)
TBIG secures third deal of 2025
The Broker Investment Group has increased its shareholding in Mayfair Insurance to 100%, representing the final stage of a two-step succession plan.
JMG strikes first deals of 2025 with triple swoop
JMG Group has made a trio of acquisitions in its first deals of 2025, having been the most active consolidator last year with 16 buys.
Alan Boswell buys Suffolk broker
Alan Boswell Group has bought commercial insurance broker Andrew Thompson and Associates in its first deal of the year after two purchases in 2024.
Markel to buy London-headquartered marine MGA
Markel has inked a deal to buy specialist marine managing general agent The MECO Group.
New owners reveal Academy and Premierline deal costs
Academy Insurance Services’ previous owner Vmans cost £7.87m while the bill for Premierline came in at £4.12m, filings at Companies House have revealed.
Gallagher tipped to win the race for PIB
A deal for Gallagher to buy PIB is said to be “80% done”, sister title Insurance Post has revealed.
Ceta posts turnover and profit growth in run-up to sale
Digital niche personal lines and SME broker Ceta Insurance grew turnover by 23% in the year parent Atec Group was bought by European private equity investor Perwyn.
Ageas CEO Middle reassures brokers after Esure deal
Ageas will keep its focus on growing with brokers, CEO Ant Middle committed, as the Esure takeover creates a “balanced” portfolio with 50% of business still through the broking channel.
Brown & Brown buys SME broker
Brown & Brown (Europe) has bought Irvine Commercial Insurance Brokers in its third deal of the year.
RSA confirms rebrand to Intact
RSA will rebrand and change its trading name to Intact Insurance by the end of 2025.
Ripe completes GJW Direct buy
Ripe has bought boat insurance specialist GJW Direct from Munich Re Specialty.
Ageas claims ‘number three’ UK personal lines position with £1.3bn Esure deal
Ageas has reached an agreement with Bain Capital to acquire Esure to create what it claims is the third largest UK personal lines player.
TBIG broker nears £10m with latest acquisition
The Broker Investment Group has secured its second deal of 2025.
Clear buys London-based broker
Clear Group has added London-based broker Moore Robinson to its UK retail arm.
Saga unveils broking and underwriting results ahead of Ageas deal completion
Saga’s insurance broking arm reported a total earned underlying profit before tax of £14.4m in 2024 (2023: £39.8m) in its final full year results before it completes a new distribution partnership with Ageas.
Fairchild: broker deal slowdown highlights need for “fresh approach” to M&A
The mooted decline in broker merger and acquisition activity in the UK means it is the right time to introduce a new approach to deal-making.
Partners& rebrands Scottish broker MacDonald Group
Scottish broker MacDonald Group is rebranding to Partners& following its acquisition in 2022.
Former broking CEO Fairchild takes new M&A role
Former Broker Network and Applied Systems Europe CEO Andy Fairchild has joined IDEX Consulting to lead the business’ M&A division.
Ardonagh Advisory buys ALP Holdings in Liverpool
Ardonagh Advisory has bought ALP Holdings, including its wholly owned subsidiary, Letton Percival.
Two specialty MGAs set to merge
Managing general agents Nirvana and Pulse have announced plans to merge their businesses.
Gallagher grows real estate practice with broker buy
Gallagher has purchased commercial insurance broker Bircroft Insurance Services, expanding the broking giant’s real estate practice.
Brown & Brown acquires firm from fellow top 100 UK broker
Brown & Brown has purchased commercial motor insurance specialist BCM Acquisitions, trading as 1st UK Broking.
Brunel Insurance Brokers in North Devon broker deal
Brunel Insurance Brokers has snapped up the renewal rights of John Walker Insurance.
Meet the MGA: Optio Underwriting
With an aim to be the most admired global specialty MGA, Optio Underwriting group CEO Deepak Soni outlines how it attracts top talent, plans to mix organic growth with M&A and discusses the importance of having a PE backer that understands the subtle…