Invicta Insurance Services is set to complete its latest acquisition with the purchase of the entire general insurance portfolio of Suffolk-based Wordsmith Insurance Services.
In this month's What the Papers say, senior reporter at Insurance Age Liz McMahon, is joined by fellow senior reporter Emmanuel Kenning to discuss the latest top topics in insurance with principal of Bellingham Communications Ben Welsh.
Reich Insurance has completed its second acquisition in two months, with the purchase of Glasgow-based Surenet Agency.
David Hopwood points to member acquisition funding at Bluefin in day five of Network Spotlight.
Broker Direct is to sell three brokers to Swinton Commercial, Insurance Age understands.
Simplyhealth has revealed plans to grow its market share to 10% after the purchase of Groupama Healthcare.
Giles Insurance Brokers has made a £5.1m cash offer for CBG Group.
The partners of Clyde & Co and Barlow Lyde & Gilbert (BLG) have voted for a merger between the two law firms.
NMJ Insurance Brokers has acquired Barry Fenton Insurance from Broker Direct as a result of the latter’s plan to focus on its core business.
“We’ve seen more activity this year than last. Everybody I speak to wants to buy books of business, get in new teams or do small acquisitions. There is certainly the appetite out there for buying up businesses”
Emmanuel Kenning meets Jeremy Cary, the managing director of a broker that has multiplied its income and staff numbers by a factor of 10 in just under a decade
Dominic Burke, chief executive officer at JLT, has moved to quash market rumours that JLT could be purchased, by anyone.
Chief executive of JLT, Dominic Burke, has predicted that Thistle Insurance will beat its 2010 full year trading profit of £4.8m this year.
Insurance law firms, Beachcroft and Davies Arnold Cooper (DAC), have confirmed that they will merge.
Gallagher International is just one of the potential suitors to have approached fellow London market broker Oxygen, Insurance Age understands.
Aviva’s leap up the blue-chip index has ignited further market speculation that at least two insurers could be mulling over a possible approach worth 575p a share valuing the insurer at £14.8bn.
NFU Mutual has confirmed that subsidiary company, Islands Insurance, has acquired Reed Insurance Associates (Reeds) in the Channel Islands.
Giles Insurance Brokers has responded to CBG’s confirmation of its approach with a possible offer at a price of 32p per share in cash for the entire issued and to be issued share capital of CBG.
CBG has confirmed that it has received an approach from a fellow broker which could result in an offer for the business.
THB Group has announced an increase in broking profits to £4.8m along with a group pre-tax profit of £1.9m for the six months ended 30 April 2011.
Higos Insurance Services has acquired Vaughan Insurance Brokers in the Somerset market town of Crewkerne.
Cullum Capital Ventures (CCV) has announced the acquisition of Lincolnshire-based high street broker Lincsure.
Swinton Group has opened its 34th commercial office with the acquisition of the Brunsdon Westinsure account.
After being placed into compulsory liquidation in May this year, Homecall Plus has been bought by a 21 year old female entrepreneur from Wigan.