Mergers & acquisitions (M&A)
PIB expands into Spain
Consolidator buys Cicor in its first acquisition in the Spanish market as it continues its European expansion.
GRP takes stake in Hedron member
All Med Pro is GRP's first minority investment with a network member.
Aston Lark buys Absolute Products in 24th deal of the year
Latest acquisition comes after it was announced that Howden is to buy the consolidator, creating a £6bn GWP giant.
Seventeen Group expects further growth in 2022
CEO Paul Anscombe flags how M&A and organic growth are helping the business expand despite the £670,000 cost of Covid.
iRevolution buys BG Insurance
CEO Mark Rigby has said the acquisition of BG Insurance would give the business further expertise in other areas of the non-standard motor market.
Blanc aims to double Aston Lark business for Howden
Peter Blanc details opportunities for Aston Lark now it is off the private equity “rollercoaster” and part of another employee-owned broker.
Radius Insurance Solutions buys Milestone
Radius already owns Burley Group and has added the broker/underwriter to its book.
Clear Group announces management developments
The business has made a number of promotions across the business including BHIB and Brokerbility.
Howden buys Aston Lark
The deal is Howden’s largest acquisition to date and creates a £6bn GWP UK business in “deal a decade in the making”.
Bollington reveals final set of financial results before Gallagher takeover
The broker, which was bought by Gallagher earlier this year, reports increases in turnover and profit for 2020.
JM Glendinning names new MD for its eight broking businesses
Jake Fox succeeds Nick Houghton, who became CEO of the group after its management buyout last year.
A-Plan makes first deal in Wales
Watkin Davies brings £10m in GWP to A-Plan as the broker looks to grow further in commercial lines.
Complete Cover Group’s profits dip amid transformation
Profits slip but income is steady and operating profit almost doubles as report flags the business’s £50m Abacai launch and acquisition of broker Dayinsure.
CMA launches investigation into Gallagher-Willis Re deal
The competition watchdog says it is considering whether the transaction could result in a lessening of competition in the UK.
Pen and MUM lift lid on deal
The buy takes Pen Underwriting’s GWP up to £700m.
Ethos Broking buys again
The acquisition of Leeds-based Schofield Insurance Brokers marks the Ardonagh-owned firm's fourth deal this year.
Pen buys Manchester Underwriting
Deal brings 50 staff and £60m in GWP to the Gallagher-owned MGA.
GRP completes deal for WTW's Northern Ireland business
The deal was announced in July and brings £65m in GWP to GRP's Northern Ireland business ABL Group.
Aston Lark buys in Birmingham
S Johnson & Company specialises in providing insurance for the music industry and the gun trade.
Gallagher says 'goodbye' to Bollington brand
The broker, which was bought by Gallagher earlier this year, will take on its parent company's branding.
Ardonagh promotes Donaldson to Retail CEO
The broker has named Emma Rawlinson as Atlanta CEO and promoted Ian Donaldson to the role of CEO of Ardonagh Retail.
Butterworth Spengler seals first deal since becoming part of JMG Group
The Liverpool-headquartered broker buys Brunsdon Insurance based in Gloucester.
Aston Lark reveals second deal of the day
Consolidator buys Abbey Murphy Insurance, an Irish broker based in Longford and Mullingar.
Aston Lark buys private medical insurance specialist
Consolidator says it is set to make further deals in the healthcare space as it buys Bournemouth-based The Health Insurance Company.