Mergers & acquisitions (M&A)
New CEO Crosbie outlines MGA/M&A plans as Academy rebranded BDH Group
Academy Insurance Services has rebranded to BDH Group and appointed Gordon Crosbie as its new CEO, Insurance Age can reveal.
SRG’s Thorne to take over as Seventeen CEO from retiring Anscombe
Seventeen Group has announced that Specialist Risk Insurance Solutions managing director Oliver Thorne is to join the business in October as CEO.
Clear buys fire safety consultancy Delco
Clear Group has bought Delco Safety, a specialist fire safety and compliance consultancy, to expand its risk management division.
Arc Legal and Collegiate part of AmTrust/Blackstone MGA spin-off
AmTrust has reached a definitive agreement under which funds managed by Blackstone Credit & Insurance will partner in the spin-off of seven of the specialty insurer’s MGA and fee businesses to form a new independent company.
SRG buys Manchester-based broker
Specialist Risk Group has purchased Champion Insurance Group as it grows its UK retail division.
JMG scores second deals hat-trick of 2025
JMG Group has bought Allsop Commercial Services in Gainsborough, Sussex-based Highhouse Insurance Services and Insursec Risk Management in Essex.
Broker M&A specialists MarshBerry to be bought by Lincoln International
Global investment banking advisory firm Lincoln International has signed up to buy MarshBerry in a deal expected to close in the fourth quarter of this year.
What next for Jensten Group after the Bain Capital buyout?
With Bain Capital investment now secured, content director Jonathan Swift outlines what the market might expect from Jensten Group as it enters a new era.
Applied buys Cytora
Applied Systems has bought digital risk processing platform for the insurance industry Cytora.
Final Das UK results show growth and losses
Arag has posted the final set of results for Das Legal Expenses Insurance Company revealing 1.5% growth in premium income in 2024 and a deterioration in the combined operating ratio to 97.1%.
Hughes reports falling turnover and a loss in year of Markerstudy deal
Northern Ireland-based Hughes Insurance has reported an 11% fall in turnover to £11.32m for 2024, the year it was snapped up by Markerstudy Group.
‘Road-tested’ proposition for brokers selling is what market needs, says Fairchild
Brokers are ‘underserved’ in the mergers and acquisitions market, according to IDEX Consulting CEO of M&A Andy Fairchild as he explained the rollout of IDEX’s new offering.
Lloyd & Whyte Group broker buys De Novo Risk Solutions
Direct Corporate Risks has bought Worcestershire-based De Novo Risk Solutions.
IDEX launches M&A sell side offering for brokers and MGAs
IDEX Consulting has unveiled its M&A advisory service designed for brokers and MGAs, in a move it claimed would challenge the industry’s current traditional transaction-focused model.
Bain Capital to acquire Jensten Group
Bain Capital, the global private investment firm, has signed a definitive agreement to acquire Jensten Group from Livingbridge.
Acrisure continues brand rollout with two more brokers adopting name
Acrisure has announced that two of its specialist brokers, FinCred and Building & Land Guarantees (BLG), have adopted the Acrisure brand and will operate under its name as of today (1st September).
AUB international revenue jumped to £232.3m in ‘pivotal year’
Australian insurance broking firm AUB Group has reported that its international arm, which includes Tysers wholesale and its UK retail business, saw revenues jump 13.3% to A$465.9m (£232.3m) for the year to 30 June 2025.
Sompo boosts UK and international business with £2.6bn acquisition
Sompo has entered into an agreement to acquire Aspen Insurance Holdings for an aggregate consideration of approximately $3.5bn (£2.6bn).
Gallagher CEO Rea: AssuredPartners integration does not prevent M&A after ‘amicable’ end to PIB talks
The expected 12-18 month integration of the AssuredPartners UK and Irish businesses will not prevent Gallagher seeking more M&A in those territories following the “amicable” ending of talks with PIB.
Gallagher completes on AssuredPartners buy
Arthur J Gallagher has today announced it has closed the acquisition of AssuredPartners.
NFP deal to turbocharge Bspoke’s growth – Smyth
Tim Smyth, Bspoke CEO, predicts accelerated growth for the collection of managing general agents following the NFP deal last week, as he explains there will not be a dependency and the broker will not be at the front of the queue.
Lloyd & Whyte Group grows again in 2024 with three deals and a sale
Somerset-based Lloyd & Whyte Group grew turnover by 5.9% in 2024, in a year it made three acquisitions and returned to pre-tax profit with a sale.
Three more deals for DR&P
DR&P Group has taken “significant control” of IFS Risk Solutions, Treelyn (Insurance Services) and Umbrella IS, pushing the firm up the most active buyer ranking, Insurance Age can reveal.
SRG signs up to buy City Quarter Brokers
Specialist Risk Group has revealed an agreement to buy City Quarter Brokers.