Mergers & acquisitions (M&A)
Senior quartet depart Acrisure-owned Eleven Network
Four senior directors have resigned from the Acrisure-owned Eleven Network it acquired 14 months ago, Insurance Age can reveal.
Partners& buys second loss adjusting firm
Partners& has purchased Bickley Chartered Loss Adjusters, a firm providing a full range of adjusting services and disciplines across both domestic and commercial markets.
Howden acquires £60m premium broker
Howden has purchased UK health and life insurance broker Help Me Compare Group (which trades as ActiveQuote) and its subsidiaries, supporting Howden’s position in these UK markets.
AM Best takes rating action following Accredited acquisition
AM Best has removed from under review with developing implications and affirmed the Financial Strength Ratings of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Accredited.
Q&A: Seventeen Group CEO, Paul Anscombe
The boss of Seventeen Group, Paul Anscombe, tells Insurance Age about getting to 10 deals this year, the firm’s national reach and how innovation and specialisms are helping deliver organic growth at a business that has its eyes fixed on long-term…
Brown & Brown buys trade credit insurance solutions specialist
Brown & Brown Europe has acquired 100% of the share capital of trade credit insurance solutions specialist, CI Group.
Paragon buys Cox Mahon
Paragon International Insurance Brokers, a professional and financial lines subsidiary of PSC Insurance Group, has bought PI specialist Cox Mahon.
Zurich sells Navigators & General to Ardonagh’s Geo
Geo Underwriting is buying marine insurance provider Navigators & General from Zurich UK, with the deal expected to close before the end of the year.
Howden scores Allianz musical insurance book
Howden has agreed to acquire the musical insurance book of Allianz UK for an undisclosed sum with the provider staying on as the underwriter.
Alan Boswell buys Priory Insurance Brokers in Norfolk
Alan Boswell Group has snapped up Wymondham-based Priory Insurance Brokers, adding to its purchase of The Insurance Centre earlier this year.
Jensten completes on three deals
Jensten has bought Asprey Harris and completed the purchases of Chris Knott Insurance Consultants and Robert Gerrard & Co in a triple swoop that has pushed headcount above 1,000.
Interview: Axa UK looks to leverage scale - Foley
Axa Commercial can now move “quicker and price more effectively” due to a new workbench system, which is “beneficial” to brokers and customers, according to Tara Foley, CEO of Axa UK and Ireland.
Aviva grows its presence in Glasgow
Aviva is moving its trading offices in Glasgow’s city centre financial district to accommodate 26 employees and serve as a base for its mid-market, distribution, schemes and GCS teams.
Brown & Brown makes ‘first significant’ European retail investment outside UK & Ireland
Brown & Brown has signed up to buy Netherlands firm Quintes Holding from Aquiline Capital Partners as it moves forwards with its European retail push.
Markerstudy to buy Northern Ireland broker Hughes Insurance
Markerstudy Group has confirmed plans to buy Hughes Insurance, just a month after completing its deal with Atlanta.
BMS buys DR&P as Inflexion exits
European mid-market private equity house Inflexion has agreed to sell its investment in David Roberts & Partners to BMS Group, having first taken a stake in 2021.
The Broker Investment Group ups stake in Glowsure to 49%
The Broker Investment Group has increased its stake in Droxford-based Glowsure Insurance Brokers to 49%, having first invested in 2017.
Clear buys book and assets of Maynard Milton Insurance Services
Clear Group has bought the book and assets of £4.9m gross written premium Southend-on-Sea based broker Maynard Milton Insurance Services.
SRG adds second acquisition to its MGA this year
Specialist Risk Group has agreed to buy Trilogy Underwriting, a specialist property and casualty managing general agent, to add to its MX underwriting pillar.
Voyager Insurance Services sold to Caledon Group
Recently-formed investment group Caledon has bought travel and wedding insurance broker Voyager Insurance Services for an undisclosed sum.
Next deal on the horizon for Bspoke
Bspoke Group has “signed heads” on its next deal, with an announcement to come ‘in weeks’, CEO Tim Smyth has told Insurance Age.
Partners& snaps up two in employee wellbeing and healthcare push
Partners& has bought Nottingham-based Halo Consulting and Chester-based Personal Healthcare Management.
JMG expands presence in Kent
The JMG Group has acquired the general business insurance division of the Howe Maxted Group, its eight deal of the year.
Academy turnover dipped in run-up to Blixt buy
Academy Insurance Services’ turnover and profitability fell in the run-up to being bought by private equity house Blixt, according to a filing at Companies House.