Northern Irish brokers to begin trading as AbbeyAutoline from 1 September
Bennett Christmas is part of the Ethos broker stable and adds the professional indemnity specialist to its portfolio.
The two broking giants describe the legal actions as “without merit”.
Acquisition of Leeds-based broker follows hot on the heels of deals for UKinsuranceNET and Marx Re-Insurance Brokers
The deal values Hastings at around £1.66bn as the provider also publishes half year results.
Unite said the deal is a “betrayal” of the Co-op philosophy as trade union predicts 200 jobs at risk once deal goes through.
The group is meeting with Centerbridge Partners Europe, LLP alongside Towerbrook Capital Partners UK, Platinum Equity Advisors and Warburg Pincus International as it flags £2.65bn of debt.
The deal is S&G's first after it was formed in March 2020 with the aim to support smaller brokers.
Downey discusses what it was like to take over as CEO just before lockdown, the future for Pen and why Covid-19 could lead to a “Darwinian moment” for the MGA market.
The regulatory body must make a decision on whether to refer the merger for further investigation by 16 September this year.
CFO Ryan Brown says the consolidator has a "very healthy pipeline" of future acquisitions, as PIB's GWP hits £986m.
The Brolly team, including founder Phoebe Hugh, is set to move across to Direct Line once the deal is completed.
HTC Associates, based in Derbyshire, brings around £5m in GWP to Jensten.
The move, announced in June, brings Broker Network back into the fold as Ardonagh confirms £300m war chest to fund future deals.
Deal is PIB's 30th as the consolidator confirms it has several more in the pipeline.
David Hopwood, of Marsh Networks, predicts the pace of M&A will increase as the UK moves out of lockdown.
A meeting of Willis Tower Watson shareholders has been called as US Department of Justice calls for more information on the £22.9bn merger.
Simon Taylor, managing director for wholesale, discussed the future of the business as it is announced Bob Darling is set to step down.
Exclusive: The Gallagher-owned MGA sets out its new strategy as it unveils plans to grow by acquisition and expand into new product areas.
The government body is seeking comments on the deal in order to decide whether it "may be expected to result in a substantial lessening of competition" in the market.
MD Adam Boakes says model will help brokers increase their income as well as provide them with a guaranteed investor in their business once they're looking to exit.
The moves adds £20m in GWP to the Jensten Group portfolio.
The company purchased the administration specialist from MS Amlin as SRG teases further strategic partnerships.
Towcester-based broker Premier Choice Healthcare becomes consolidator's healthcare hub.