Mergers & acquisitions (M&A)
Howden expands into North Wales with latest buy
Howden has purchased Llandudno, North Wales-based broker, Gott & Wynne, expanding its presence into the region.
Podcast: Reid and Clegg present Double Indemnity – episode one, Aon’s Jane Kielty
In a new podcast series brought to you by Insurance Age, industry provocateurs Toby Clegg and Stuart Reid interview a series of well-known market faces, getting to know the personalities and characters behind some of the key movers and shakers in the…
Ageas committed to broker market as Middle doesn’t rule out pet product
Ageas is committed to the broker market following the Esure deal, UK CEO Ant Middle confirmed, as he hailed the opportunities from its infrastructure and technology stack.
JMG Group buys three brokers
JMG Group has made its latest triple swoop buying brokers in Solihull, Kendal and Edinburgh.
McMillan steps down as Ageas completes Esure takeover
Ageas has completed its purchase of Esure from private equity house Bain Capital first announced in April this year.
Markerstudy reveals £300,000 bill for Hughes ‘bargain purchase’
Markerstudy only paid £300,000 for Northern Ireland broker Hughes Insurance Services, in a deal labelled ‘bargain purchase’ resulting in a £26.3m gain.
Niche MGA capacity provider acquired by Korean insurer
Korean insurer DB is set to acquire 100% of the outstanding shares of The Fortegra Group, the specialty insurer, for approximately $1.65bn (£1.23bn) from Tiptree and Warburg Pincus.
Markerstudy boosts revenue and trims post-tax loss in Atlanta deal year
Markerstudy Group Holdings has posted a reduced loss of £141.7m for 2024, as revenue grew and Ebitda turned positive in a year it took over personal lines broker Atlanta.
Lucida posts reduced turnover in year before Moorhouse sale
Top 100 UK broker Lucida has reported a 14.6% fall in turnover to £40.67m, with a mixed picture on profitability across its divisions in 2024, the year before it struck the deal to sell Moorhouse.
Ardonagh Europe enters French market with Groupe Leader Insurance buy
Ardonagh Europe has signed up to buy Groupe Leader Insurance entering the French market.
SRG has ‘firepower’ and appetite for UK deals
Increasingly international broker Specialist Risk Group will continue to buy in the UK, and has the firepower to strike deals, its leaders have told Insurance Age.
Jensten enters third chapter as Organ eyes upping the acquisitions tempo
Rob Organ, CEO of Jensten Group, looks to up the tempo on acquisitions, as the business also pushes organic growth and its network proposition following Bain Capital deal.
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.