Mergers & acquisitions (M&A)
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
The Insurance Age Top 100 2021
Our Top 100 Independent Brokers Supplement is now available to view online.
AbbeyAutoline appoints commercial director
Jackie Elliott will be joining the team as the broker marks its first year in business following 2020’s merger.
iRevolution Group secures £9m from investment fund
The Manchester-based broker has said it will use the funding from alternative lender Boost&Co to fund its recent acquisition as well as future ones.
News Analysis - How is US money reshaping the UK market?
David Worsfold explores the power of the dollar in broking and examines the drivers behind US investment into the UK market.
Xenia buys two specialist teams from Lloyd's broker PNP
The deal sees the Nexus-owned business expand into the financial and specialty risks market.
Profile: Licence to chill - GRP's group CEO Mike Bruce
GRP’s Mike Bruce tells Ida Axling how an early career working with nuclear weapons has given him a sense of perspective in his latest role, running one of the UK’s largest broker consolidators
PIB adds to EU portfolio with Ireland’s Campion
Campion, which was established in 1984, is the third retail business PIB has bought in Ireland.