Mergers & acquisitions (M&A)
Ataraxia and MVP rebrand as The Broker Investment Group
Peter Cullum-backed Ataraxia and Minority Venture Partners are rebranding to The Broker Investment Group, Insurance Age can reveal.
BMS sells 30% of group to Eurazeo
London broker BMS Group has sold a third of its business to investment company Eurazeo, subject to regulatory approvals.
Review of the Year 2022: Matt Pini, MD at Consilium
In the latest part of Insurance Age's review of the year Matt Pini, MD at Consilium offers his reflection on 2022 and predictions for the next 12 months
SRG spent £58.9m on buys in 2021
Specialist Risk Investments, which trades under the Specialist Risk Group brand, spent £58.91m on five acquisitions in 2021, a filing at Companies House has revealed.
Review of the Year 2022: Chris Sime, GRP group markets director
In the latest part of Insurance Age's review of the year GRP group markets director Chris Sime offers his reflection on 2022 and predictions for the next 12 months
Review of the Year 2022: Jon Walker, Axa Commercial CEO
In the first part of Insurance Age's review of the year Jon Walker, Axa Commercial CEO offers his reflections on 2022 and predictions for the next 12 months.
Aston Lark acquires N&G direct marine trade book
Aston Lark has bought Navigators and General's commercial direct marine trade book.
Jensten Group acquires second broker in a week
The Jensten Group has acquired commercial broker Basil Fry & Company, its second acquisition in a week.
UK broking M&A shrinking in 2022 as market becomes saturated
UK broking deals valued at £5m and above are set to reduce in 2022 as the number of available brokers for purchase shrinks.
QBE launches new financial lines product
QBE Europe has launched a new warranty and indemnity product due to increased mergers and acquisitions.
Opinion: Employee ownership - the pros and cons of different schemes
Co-founder and former director of Ten Insurance Services, James Sharp, shares his experience of three employee ownership schemes as the route becomes increasingly prominent in broking
Jensten Group snaps up UK motor broking specialist
Jensten Group has bought specialist broker Bellegrove, boosting its presence in UK motor trade and fleet insurance.
Romero Group makes first acquisition
Independent broker the Romero Group has made its first acquisition, purchasing the Sentient Group.
Stubben Edge buys Insurercore
Stubben Edge Group has bought tech enabled distribution platform Insurercore.
Xenia buys trade credit specialist Linda Scott Associates
Xenia Broking Group has signed up to buy the trade credit insurance business of Glasgow-based Linda Scott Associates in a deal expected to complete on 22 December.
Ardonagh buys £20m GWP PI specialist broker
Ardonagh Advisory has added to its professional indemnity portfolio buying The Professional Broking Group which trades as The Professional Indemnity Company.
Residential property specialist Deacon rebranded to Gallagher
Specialist residential property broking business, Deacon, will be rebranded as Gallagher on 5 December, the consolidator has confirmed.
BMS Group explores sale – report
BMS Group could be sold for £600m, as shareholders evaluate options for the future of the London broker.
One Broker buys Uttings Insurance Brokers
East Anglia’s One Broker Group has bought Uttings Insurance Brokers in Norfolk for an undisclosed sum.
PIB buys health and safety specialists Emprocom
PIB Group has bought Lincolnshire-based health and safety specialists Emprocom to add to its risk management division.
GRP hails ‘biggest deal’ since Brown & Brown investment
Global Risk Partners has bought Flint Insurance for an undisclosed sum, hailing it as the biggest deal since the Brown & Brown takeover.
JMG Group exceeds £200m GWP with latest broker buy
JMG Group has purchased Wokingham-based BJP Insurance Brokers, a deal which will see the group exceed £200m in gross written premiums.
The Needham Group buys Corporate Insurance Solutions
The Needham Group has bought Lutterworth-based Corporate Insurance Solutions boosting gross written premium to £9m.
PIB swoops for personal lines specialist Jigsaw Insurance
PIB is poised to buy Harrogate-headquartered broker Jigsaw Insurance Services Plc for up to £24.12m in cash marking a significant step in personal lines for the consolidator.