Mergers & acquisitions (M&A)
Towergate acquires Swansea-based broker
Both employees join Towergate’s Swansea office as owner Tony Nakonecznyj becomes a consultant.
GRP buys HNW broker Gauntlet Insurance Services
Deal follows GRP's purchases of risk management specialist Health and Safety Click and Lancashire-based broker 3XD.
Quizzical questions: 15 November 2019
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Tasker set to make more specialist deals
CEO Robert Organ discusses the broker's acquisition strategy and details plans to make three or four more deals next year.
PSC Insurance Group buys Carroll Insurance Group for £3.4m
Deal sees CIG join the group's existing Carroll Holman Insurance Brokers business in London.
Plan Group interested in more deals after Pedal Cover buy
Ryan Georgiades, chairman of Plan Group, has listed several business lines that it might be interested in buying a broker in, this included niche leisure, motor, travel, home and commercial property.
Plan Group purchases Kingswood Insurance Brokers
The purchase of the cycle specialist takes the group's GWP up to £30m.
Tasker buys Worthing-based broker
Group has bought Vantage Professional Risks and developed a professional risks division.
Broker Expo: Successful M&A all about culture say broker bosses
According to Aston Lark group CEO, Peter Blanc, customers can gain from M&A activity.
Top 100 independent brokers for 2019 revealed
Insurance Age surveyed the state of the market and the results and expert analysis from IMAS are now available.
Burley Group promises growth following Radius deal
Broker has pledged to expand following the fleet and telematics specialist buying a majority stake in the business.
Radius Payment Solutions buys The Burley Group
Deal will give commercial broker, The Burley Group, access to Radius' telematics and fuel cards customers.
Macbeth makes first ever deal with CMJ Insurance Brokers buy
Move brings the broker's GWP up to £13m.
Gravity buys Hagley Insurance Brokers
Deal brings a team of five to the broker.
SRIL buys Square Mile Broking
Square Mile joins Miles Smith and The Underwriting Exchange as SRIL’s broking portfolio grows.
B.P. Marsh invests £1m in Lloyd's broker Lilley Plummer
PE firm takes a 30% stake in the specialist marine broker.
Aston Lark buys Lloyd’s broker Protean Risk
Acquisition is Aston Lark’s first since securing £320m in financing from Goldman Sachs.
Markerstudy seeks investment ahead of loan deadline
The directors say it is “business as usual” and payments to Qatar Re have been factored into its strategy ahead of having to pay back a £217.3m loan as it also awaits approval for Co-op deal.
Quizzical questions: 18 October 2019
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Tedaisy and Instrinsia Group merge
Merger includes Alpha Underwriting, Practice Cover, Intrinsia Brokers and Intrinsia Claims as business looks to £25m in GWP.
Weald announces purchase of Cronin Underwood
Acquisition is Weald Insurance’s first deal since becoming an Ethos Broking partner in 2018.
Finch buys Martinez & Partners in ninth deal
Finch Group began its acquisitive streak when bought by Broker Network Partners in 2016.
Quizzical questions: 11 October 2019
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Cullum-backed Ataraxia expands broker capital options
Following investment from Minority Venture Partners, the organisation is planning to do 75 deals in the next three years.