Mergers & acquisitions (M&A)
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.
JMG makes major MGA move with latest buy
JMG Group has bought professional and financial lines specialist managing general agent XS Assure, Insurance Age can reveal.
Clear sets out European strategy as Luberichs departs
Andreas Luberichs, Europe CEO at Clear, has chosen to leave after two years in the role, the broker has confirmed.
NFP buys Bspoke to expand its UK specialist insurance services
NFP, an Aon company, has purchased Bspoke Insurance Group to strengthen its existing suite of insurance solutions while expanding technical underwriting expertise and specialist product knowledge.
DR&P and Seventeen strike deals
DR&P Group has invested in West Yorkshire-based Spedding Goldthorpe (Brokers) while Seventeen Group has bought Trelawney Insurance Solutions in Cornwall.
European pet insurance specialist takes majority stake in UK broker
Santévet Group, a European pet insurance specialist, has taken a majority stake in pet insurance broker Tedaisy Insurance Group.
Noble Insurance Group to buy Caravanwise
Noble Insurance Group, home to a portfolio of specialist brokers, has signed up to buy camping and leisure market specialist Caravanwise.
TBIG buys Romford broker KSL Thomas
The Broker Investment Group has completed its fifth acquisition of 2025 with the purchase of Romford-based KSL Thomas & Co.
Business solutions company buys Lloyd’s broker
Liberty Blume has bought Lloyd’s broker PHL Insurance Brokers in its first strategic M&A transaction.
SRG completes Dutch and Belgian buy moving into mainland Europe
Specialist Risk Group has completed the purchase of German broker Ecclesia’s businesses in the Netherlands and Belgium marking its formal entry into mainland Europe.
Tax planning around a disposal: the importance of a joined-up approach
Thinking of disposing of an insurance intermediary business? Phil Clayton, private client director at PKF Littlejohn and William Godsave, head of financial planning at Credo Wealth Management, outline the tax and wealth planning considerations that you…
PIB tops £500m revenue as losses trimmed in run-up to ending sale talks
PIB Group has posted £514.7m of pro forma group net revenue for 2024, a year it expanded into two countries and made 25 acquisitions before walking away from sales talks in 2025.
Clear reveals £171m buying bill
Clear’s 12 strong acquisition spree in the year ended 31 October 2024 generated a £170.9m bill, a filing at Companies House has revealed.
Brown & Brown buys bloodstock specialist broker
Brown & Brown Europe has bought private client, bloodstock and farm & estate specialist broker Weatherbys Hamilton for an undisclosed amount.
Clear boosts revenue by nearly one-quarter in 2024
Clear Group grew revenue by 24.5% to £93m in the year ended 31 October 2024, Insurance Age can reveal.
With the Gallagher deal off the table, what are the next steps for PIB?
With PIB and its PE investors choosing to go again rather than sell to Gallagher, content director Jonathan Swift ponders what might lie ahead for the pan-European consolidator in an era of indigestion and M&A indifference.
PIB ends sales talks and reveals £400m debt raise
PIB Group has confirmed the end of “recent acquisition conversations”, drawing a line under the sales process with the comment that it is “appreciative of the attention it has received in the market”.
JMG strikes 50th deal
JMG Group has completed its 50th acquisition since its 2020 management buyout, snapping up London-based Profile Insurance Services.
Cheesbrough outlines M&A and tech plans as Movo enters ‘2.0’ growth phase
The Movo Group of Companies is poised to enter a new period of M&A activity and member sign-up following the sale of a majority equity stake to AUB in October 2024.
Interview: Brendan Devine, CEO of Atec Group
In his five years as CEO of Atec Group Brendan Devine has led the business to more than double policy numbers and profit organically, now having struck its first acquisition buying Moorhouse last month he explains how it will triple in size over the next…
CRC signs up to buy Atrium
US firm CRC Group has signed up to buy Lloyd’s insurer Atrium, in a deal expected to close in the third quarter of this year.