Mergers & acquisitions (M&A)
RSA suitors agree cash offer
RSA board says it will recommend the £7.2bn deal to shareholders as Intact and Tryg take next step to buy and split the insurer.
Aon seeks European Commission approval for $30bn WTW deal
The EU watchdog is to make a decision by 21 December 2020.
Aston Lark buys two brokers from Risk Alliance Group
Risk Alliance in Bingley and Belfast-based Risk Alliance International bring a combined GWP of £12m to Aston Lark.
Intact secures billions in funding as RSA sale talks forge ahead
If a firm offer is made Intact will buy RSA's Canadian and UK & International operations.
Aston Lark buys MS Amlin division
The broker has purchased specialist marine pleasure craft insurance provider, Haven Knox-Johnston, for an undisclosed sum.
Brokers hope "inevitable" RSA sale will inject new life into the "sleeping monolith"
Some brokers expect potential deal to re-energise RSA, while others criticise the provider's "poor performance" and predict an uncertain future for its UK operations.
Broker space still attractive to investors
Inflexion’s Peter Shaw tells Insurance Age why the sector is still a safe bet for private equity.
Willis Towers Watson sells Miller
Private equity firm Cinven and Singapore wealth fund GIC have bought the specialist broker for an undisclosed sum.
Top 100: Your exclusive guide to the commercial UK market
Our in-depth market analysis explores how brokers have fared over the past 12 months and ranks them according to GWP.
NFP buys Birmingham-based broker
The US-headquartered business adds commercial broker ER Shaw to its stable.
GRP Yorkshire hub Marshall Wooldridge buys again with RIB swoop
Marshall Wooldridge, the Yorkshire hub business for Global Risk Partners, has acquired its second broker within a month following a swoop for Rotherham-based RIB Group.
Hazelton Mountford buys Michael Rollett & Co
Move comes as owner Michael Rollett retires.
PIB's McManus lifts the lid on Erskine Murray lockdown deal
The CEO tells Insurance Age how the deal came about and discusses plans for the future and how the pandemic is slowing the buying process down.
Geo Underwriting expands into marine and leisure with deal
Ardonagh's MGA arm buys £8.5m GWP book of business from KGM.
Erskine Murray joins PIB stable
All employees of the Leicester-headquartered broker will remain with the business following completion of PIB’s largest deal to date.
PIB makes 32nd deal
PIB Group has bought London-based real-estate insurance specialists, Arlington Insurance Services for an undisclosed sum.
Aston Lark buys Birmingham broker
Group CEO Peter Blanc says the business has a number of more deals in diligence after seeing an uptick in enquiries as a result of the pandemic.
Aston Lark posts growth in turnover and Ebitda in 2019
The group now employs over 900 people in 30 offices across the UK and Ireland, placing £440m of gross written premium.
GRP’s Marshall Wooldridge buys Yorkshire broker
Messrs R F Broadley is based in Masham and specialises in agriculture.
Clear Group 2019 results highlight growth
The business saw improvement across all metrics in the year it bought Morrison Insurance Solutions.
GRP creates investment director role
David Cunningham has joined the broker from Close Brothers Premium Finance.
CFC develops M&A IP product
The cover protects buyers from intellectual property infringement during the deal process.
Ageas UK sells stake in Tesco Underwriting for £125m
CEO Ant Middle says now is the "right time" for Ageas to hand over its stake in the car and home insurance provider to Tesco Bank as it focuses on developing broker distribution.
Bollington reports profit and turnover surge
Turnover shot up to £23.6m in for the year ending 31 December 2019 from £14.4m the previous year and the broker flags £24m bank loan for deals.