Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer
This week saw the launch of new broking business Partners&, bringing together a quintet of players to form a business which is positioning itself as distinctly anti-consolidator. Insurance Age content director Jonathan Swift looks at what this means; and…
Stoke-on-Trent broker One Sure Insurance has bought the Wales broker which collapsed earlier this year.
Green Insurance Group has bought Brighton-based RT Williams Insurance Brokers and its appointed representative NIB Insurance Brokers.
Move comes after LV completes the transfer of its commercial lines business to Allianz.
The venture, which is a combination of five existing brokers - MRIB and Independents, La Playa, CGI and Versatile - is led by former Jelf boss Barton, with Chris Jelf as commercial director.
MD Chris Blackwell will continue to lead Trilogy as the MGA states it does not expect any changes to the business following the deal.
Brokers broadly welcome deal between broking giants and look forward to opportunities created
Deal sees private equity firm Dunedin exit the specialist broker.
Deal creates UK broker “unicorns” as Marsh moves to number two on the global broking table.
However, Mazars' Simon Fitzsimmons flags that the deal, which will see Aon become the largest broker in the world, still needs to be approved by the Competition and Markets Authority.
The personal lines specialist has bought the Northampton-based SME commercial expert.
Business expects to pay around $1.4bn in integration costs.
The organisation has purchased a Top 100 broker to strengthen its motor proposition.
The $30bn deal will see the combined business operate under the Aon brand led by Aon CEO Greg Case, with the transaction expected to go through in the first half of 2021.
Freedom Services Group's purchase of Aventus-driven broker Homelyfe was revealed earlier this week.
The organisation has purchased Perry Appleton which is based in Rugby and controls £7m in GWP.
Anderson Ashcroft has been bought for an undisclosed sum.
Deal is the broker's seventh since it was bought by Ethos Broking in 2018.
Broker buys Hastings-based SME and personal lines specialist Manor Insurance Services as it reveals it has more deals in the pipeline.
Broker says acquisition of Flexible Health will allow it to expand its private medical insurance offering to individuals.
Ardonagh's Geo Underwriting has exchanged contracts to buy the trade and assets of the agriculture specialist.
Exclusive: Group CEO Warren Downey, who joined from JLT last year, outlined the firm's M&A plans.
Exclusive: The organisation, formerly known as Coversure, is set to buy across its retail and wholesale divisions.
Exclusive: Insurance Tailors, based in Twickenham, has been purchased by the specialist broker’s parent firm for an undisclosed sum.