Mergers & acquisitions (M&A)
PIB snaps up international wholesale specialty broker Guest Krieger
The London Market broker writes specialty business mainly emanating from Israel but also from more than 30 other countries.
Analysis: The Yanks are coming
US-broker Brown & Brown has firmly stuck its flagpole into UK soil by buying GRP. David Worsfold considers what this means for the wider sector and asks if more US-firms will stake their claim on the consolidators.
Financials Acquisition Corp to float on Stock Exchange
The special acquisitions company is looking to raise £150m to drive MGA and tech deals.
PIB buys Bailey Garner (Health & Safety)
The deal adds nearly 20 staff to the consolidator’s risk management business taking the total headcount to approaching 80.
AUB Group confirms Tyser deal talks
The Australia and New Zealand-based broking and underwriting group said no terms have been agreed.
New RSA CEO Ken Norgrove promises to fix current “average” broker service
The insurer is keen to grow in SME in partnership with brokers but will not be targeting micro business.
Tasker Insurance Brokers becomes Jensten as group streamlines brands
The Jensten Group has a revealed a transformation programme to simplify its corporate structure, systems, and brands.
Think Insurance makes first broker buy
The motor and niche specialist has added to its commercial offering led by Russell Bence.
R&Q agrees £482m sale to Brickell
The deal would give shareholders a premium of around 20% on yesterday’s closing price.
KGM buys Eridge Underwriting Agency
The MGA forecast the combined business will underwrite £175m in gross written premium this year.
Occam completes Beech buy
The deal was first revealed in October.
Blog: The opportunity in M&A insurance
There has been no shortage of mergers and acquisitions stories over the past 12 months and not just in the broking sector. Despite all the deal headlines M&A insurance has had little airtime so CFC’s Joe Perrett runs the rule over the opportunities for…
Tempcover to sell up to Uswitch and Confused owner RVU
The broker completed an MBO at the start of 2018.
Aston Lark buys Braddons
Braddons is a specialist corporate broker.
HCF targeting doubling in five years
The broker has two more deals in the pipeline for this year.
JMG Group buys Northampton broker to continue expansion
It is JMG Group’s sixth deal in 12 months and creates an East Midlands hub for the Yorkshire-based business.
HCF buys two brokers
The MVP-backed broker has made five purchases in a just over a year.
Brown & Brown reveals £1.48bn price tag for GRP
The deal with US-broker Brown & Brown will see Searchlight, Penta and founders Cullum and Margrett exit as investors.
Brown & Brown takeover of GRP will open up shareholder opportunities for staff
New owner says GRP has found its forever home and will back further acquisitions.
US giant Brown & Brown to buy GRP
Consolidator confirms no changes to management team, headcount and brands under new owners, the sixth largest broker in the world.
GRP-owned County Group buys PG Insurance
The consolidator ramps up its acquisition plans with fifth deal of the year.
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.