Mergers & acquisitions (M&A)
End of Year Review 2025: Ecclesiastical’s David Carey
David Carey, managing director of Ecclesiastical’s intermediary business applauds the £10m landmark reached by Insurance United Against Dementia, cautions against a one dimensional approach to risk pricing; and gets misty eyed about ‘Madchester’.
Clear moves into Scotland with Cairn Corporate buy
Clear Group has made its first purchase in Scotland snapping up commercial broker Cairn Corporate based in Kirkcaldy, Fife.
Momentum Equity Partners launches
Momentum Broker Solutions has created Momentum Equity Partners – backed by investor AUB – to support its appointed representatives with acquisitions and starting loans, Insurance Age can reveal.
End of Year Review 2025: Brown & Brown’s Clive Nathan
Clive Nathan, CEO of underwriting at Brown & Brown Europe, is slightly exasperated by how slow insurance is embracing AI, adopts the ‘Iceman’ moniker for darts and hails a major deal his employer signed with Hiscox.
AUB takeover talks end
AUB Group, owner of Tysers, Movo and a shareholder in Momentum, has confirmed the end of sales talks with a consortium of private equity investors in a move that has knocked 17.8% off its share price.
TBIG broker aims to become ‘South West powerhouse’ after latest buy
Mark Richard Insurance, part of The Broker Investment Group, has acquired a 75% stake in Portal Broking Group.
Partners& enters Lloyd’s market buying 3DI
Partners& has acquired 3 Dimensional Insurance, marking its entrance into the Lloyd’s market, in its second deal of the week.
Cullum-backed MBP takes minority stake in Sturdy Edwards
Minority Broker Partnerships has bought a minority stake in East Grinstead-based Sturdy Edwards (Insurance Brokers).
Partners& makes double acquisition with Avenue and Ko-bolt deals
Partners& has purchased two businesses, specialist trade credit and surety bond broker Avenue Insurance Partners and B2B debt recovery business Ko-bolt International, in a move to boost its wider proposition.
Ripe expands into holiday homes insurance with latest deal
Digital managing general agent Ripe has bought holiday homes insurance specialist Schofields, marking its entrance into the sector.
Howden acquires Aviva-backed Scottish insurance scheme
Howden has agreed to acquire the insurance services from the Church of Scotland, following a strategic review of its insurance provision.
Jensten reveals first deal of the post-Bain Capital buyout era
Jensten Group has acquired commercial broker Northern Counties which has offices in Gateshead and Glasgow.
Howden expands employee benefits arm with acquisition
Howden has agreed to acquire the employee benefits consultancy arm of wealth management group Evelyn Partners, expanding its offering following the purchase of Barnett Waddingham earlier this year.
DR&P reveals 2024 deal costs and more buys in 2025 after BMS sale
DR&P Group has revealed a £60.91m bill for its 2024 purchases, a year it was snapped up by BMS.
Software provider Insly strengthens UK presence
Software provider Insly has bought Socrates Systems, a UK-based insurance technology company, to strengthen its UK presence.
ERS MD eyes international and motor innovation opportunities after Starr buy
While it is business as usual for ERS brokers and clients following the acquisition of parent IQUW by Starr this week, managing director Martin Hall is already spying future opportunities, especially for its motor innovation team.
ERS parent snapped up in deal that will create 9th largest Lloyd’s insurer
Starr has entered into a definitive agreement to acquire ERS owner IQUW Group, a deal which will make it the ninth-largest agency operating at Lloyd’s.
GTCR and Synova completes investment in JMG Group
Chicago-headquartered private equity firm GTCR has completed its investment in Leeds-headquartered JMG Group alongside existing backer PE house Synova and the broker’s leadership team.
JMG makes trio of family-run broker buys
JMG Group has snapped up three family run brokers, Glowsure Insurance Brokers, James Brown & Sons and R Todd Insurance Services, in its fourth hat-trick of the year.
Brown & Brown buys Kent-based MGA
Brown & Brown Europe has agreed to buy property owners and commercial combined specialist managing general agent Pardus Underwriting.
JMG buys insurtech broker Taveo
JMG Group has snapped up the insurance broking trade and assets of Glasgow-headquartered Taveo Group.
SRG buys elite sports specialist
Specialist Risk Group has purchased Health Partners Europe and SEMPRIS, a group providing specialist healthcare schemes, insurance and technology solutions to elite sport.
Jensten reveals five Coversure buys in roster of 10 deals over the past year
Jensten’s purchase of Martin Insurance Services, as reported by Insurance Age, was the tenth since the last set of announced deals in August 2024, the broker has confirmed.
Bspoke looks to the next level
New Bspoke CEO Ryan Gill targets becoming the leading niche and specialist MGA in the UK market as he highlights a pipeline of acquisitions, new products and investments in systems and platforms to hit the goal.