Mergers & acquisitions (M&A)
Jensten sees turnover rise as it reveals deal spend for 2021
The business made four acquisitions during the year and also reports a loss of £13.6m.
Bought By Many buys pet health subscription business
The specialist pet insurtech says move is a “major step” in the extension of its offering beyond insurance.
Xenia reveals plans to triple in size within four years
CEO Tim Coles tells Insurance Age about his ambitious growth plans and shares his views on the trade credit insurance market.
PIB moves into the Dutch market
The consolidator has added Amsterdam-based Light Insurance to its international portfolio.
Sampo buys out Rand for Hastings
The £685m deal sees Sampo pay £1.85bn for 100% of the share capital.
Broking Success: A helping hand… or eight?
The Insurance Octopus director Helen Bush and Naz Keshavarzi, product and insurer relationship manager, tell Insurance Age all about how they make the business more accessible for the SME market and what the company’s journey has been like so far
Hubb buys insurtech provider Digital Fineprint
Broker says the deal will enable it to expediate the quotation process, provide a more bespoke service for its customers, and offer risk insight to quoting insurers.
Stubben Edge acquires Akoni Hub
The technology provider has said the new partnership will give brokers the tools to manage their cashflow better, develop products to market more quickly, and accelerate growth.
AssuredPartners acquires PSP Group
The broker highlighted that the deal was a step forward towards the expansion of its UK operation in the South West.
Aston Lark buys PMI book
The consolidator has added the client book of Choice Benefits to its portfolio.
Lycetts on track to triple profits in 2021
In an interview with Insurance Age, Lycetts boss Charles Foster speaks about the company’s growth strategy, changes in the agricultural sector, and plans for finding a new CEO.
Howden buys boutique broker, Ross Insurance Group
The business, based in Surbiton, specialises in financial and construction risks.
Xenia buys Northampton-based broker
Deal is the trade credit specialist's seventh since its launch in 2019.
Gallagher completes $3.25bn Willis Re deal
The broking giant will combine WTW's treaty reinsurance brokerage operations with its existing reinsurance business under the brand Gallagher Re.
Clear Group buys H R Jennings & Co
The South Croydon-based broker was established in 1922 and specialises in aviation and small craft insurance.
AbbeyAutoline strives for growth in commercial
Jackie Elliott talks to Insurance Age about her new role as commercial director and gives insight into the state of the market and the company’s plans for the future.
GRP’s Alan & Thomas buys Aquilla
Alan & Thomas is the southern hub business for Global Risk Partners.
Gallagher/Willis Re deal gets green light from competition watchdog
The CMA launched a merger inquiry into the $3.25bn takeover in October.
Capacity and insurer relationships key priorities for broker space
Acrisure carried out a review of the broking sector, highlighting firms’ top priorities, challenges, and M&A appetite.
Aston Lark acquires Philip Williams & Company
The Warrington broker, which provides insurance to Police Federations and other law enforcement agencies in the UK, is the second deal in a week for the consolidator.
Innovation Broking CEO lifts lid on sale
Paul Dickson tells Insurance Age about the sales process and discusses the future for Innovation Broking as part of Aston Lark.
Ascend Broking buys SMP Healthcare
Ascend has set its sights on achieving £22-£25m in GWP over the next 24 months and flagged that a further three deals are in the pipeline.
Aston Lark buys Top 100 broker
Innovation Broking is the latest business to join Aston Lark's stable as CEO Paul Dickson is set to become chair of Aston Lark’s broking and benefits companies from early 2022.
Market Analysis: Broking consolidation from 2010 to today – how the top 100 has changed
Insurance Age content director Jonathan Swift charts consolidation among the top 100 intermediaries from 2010 to today and reflects on the biggest winners in terms of M&A success