Mergers & acquisitions (M&A)
Analysis: Spotlight falls on personal lines amid consolidation frenzy
After a record breaking year for deals by value and volume, specialists analyse what is driving the market and where the acquisition rush will go next. Emmanuel Kenning reports.
SRG adds motor trade specialist to portfolio
The move follows snapping up the specialists risks team from Bridge Insurance at the start of the year.
Pikl reveals £100m GWP ambition
CEO Louise Birritteri told Insurance Age that the company was also preparing to expand into the shared mobility space this summer.
Travelers snaps up Trov’s technology assets
Following the deal, the insurtech's team and its embedded technology will be positioned within Travelers' personal insurance segment.
Aston Lark builds on Irish expansion
The consolidator has revealed plans to keep expanding in the Republic of Ireland after sealing its eighth deal.
GRP-owned Premier Healthcare makes third buy
The broker is to acquire the business and assets of Amba Care and Wellbeing (Amba C&W).
GRP to buy majority stake in Hamilton Fraser
Consolidator set to make third purchase of the year.
M&A activity not 'sustainable', says IMAS founder Laughton-Scott
Prices are forecast to remain "pretty firm" this year.
M&A deals hit £6bn in 2021
The latest annual review published by IMAS explains the "M&A frenzy" and warns of challenges ahead.
SJL set ups Bristol ‘hub’
It is the third office for the business, and founder Simon Lancaster says there are plans to open in other areas of the UK
Kingsbridge opens Birmingham office amid tripling business by 2024 target
MD Gary Williamson told Insurance Age that the broker has appointed Berkeley's Mark Hayward as branch director and revealed Kingsbridge's plan of action for the rest of the year.
Clear targets £300m GWP by end of 2022
Mike Edgeley, Clear Group CEO, revealed the broker's growth ambitions after snapping up Kent Insurance Brokers, its plans for Brokerbility after Ashwin Mistry stepped down, and reflected on the state of the market.
Partners& adds to employee benefits proposition with buy and partnership
Partners& has bought Direct Healthline and partnered with Advo Group to boost its wellbeing and benefits business.
Axa buys Ageas commercial business renewal rights for £47.5m
Around 100 Ageas employees will move to Axa as part of the deal.
H&H lifts lid on Tynedale deal
The broker is on track to grow its business by 14% this year and saw its GWP increase by £1.5m following the recent acquisition in Hexham.
Verlingue gears for growth
The family-owned business is seeking acquisitions and organic growth as it targets income increase.
Aston Lark makes second PMI deal for 2022
Healthwise becomes part of the Howden-owned consolidator.
Opinion: LV's Mike Crane considers the future for personal lines
LV Broker’s Mike Crane reflects on the impact of consolidation, pricing practices, trust and asks if brokers are well placed to take advantage of the developments
Devitt deal adds fresh specialism to Gallagher portfolio
Retail CEO, Michael Rea tells Insurance Age that its buy of the motor specialist has been in the offing since last summer as he targets further deals.
Opinion: Survival of the regulatory-fittest
Former FCA insider Michael Sicsic considers how regulatory reform will hit the broker market
Profile: Phil Bayles' liberation - from Aviva to Ardonagh
Ardonagh Advisory's chief commercial officer reflects on 18 years at Aviva, finding freedom at the "dynamic" Ardonagh, and outlines his plans for the future.
Gallagher buys Devitt
MD William Hughes and finance director Tony Chapman will remain with the motorcycle specialist following completion.
Revenue and profits up in Gallagher's broker business in 2021
Simon Matson, CEO, Europe, Middle East and Asia says Gallagher's UK Retail business saw 7% organic growth as he reveals the business will continue to look for M&A opportunities in the UK.
PIB adds Brokers Union to international portfolio
The deal adds to PIB's presence in Poland, a market it entered in 2020 with its buy of WDB.