Mergers & acquisitions (M&A)
Ardonagh Advisory buys ALP Holdings in Liverpool
Ardonagh Advisory has bought ALP Holdings, including its wholly owned subsidiary, Letton Percival.
Two specialty MGAs set to merge
Managing general agents Nirvana and Pulse have announced plans to merge their businesses.
Gallagher grows real estate practice with broker buy
Gallagher has purchased commercial insurance broker Bicroft Insurance Services, expanding the broking giant’s real estate practice.
Brown & Brown acquires firm from fellow top 100 UK broker
Brown & Brown has purchased commercial motor insurance specialist BCM Acquisitions, trading as 1st UK Broking.
Brunel Insurance Brokers in North Devon broker deal
Brunel Insurance Brokers has snapped up the renewal rights of John Walker Insurance.
Meet the MGA: Optio Underwriting
With an aim to be the most admired global specialty MGA, Optio Underwriting group CEO Deepak Soni outlines how it attracts top talent, plans to mix organic growth with M&A and discusses the importance of having a PE backer that understands the subtle…
Mitsui Sumitomo to buy 15% stake in W.R. Berkley
Japanese insurer Mitsui Sumitomo Insurance has signed up to buy 15% of the shares in New York Stock Exchange listed W.R. Berkley Corporation.
Ardonagh posts 8% organic growth for 2024
The Ardonagh Group has declared a 24% rise in reported income to $1.98bn (£1.53bn) in 2024, a year it completed 68 acquisitions around the world.
Ardonagh December 24 raise measured at $2.5bn – report
Ardonagh will bring in up to $2.5bn (£1.94bn) from investors to be used for its growth plans including acquisitions, according to Bloomberg.
TBIG starts 2025 M&A push
Beam Insurance Solutions, part of The Broker Investment Group, has bought Bridgnorth-based KDH Insurance Brokers.
Howden grows employee benefits business with Barnett Waddingham purchase
Howden has agreed to buy pensions and employee benefits consultancy Barnett Waddingham, doubling its staff in the sector to almost 4,000 with £500m of global revenue.
Access Insurance seals first acquisition since Benefact Group investment
Benefact Group-owned charity specialist Access Insurance has sealed its fourth acquisition with a swoop for Chesterfield-based broker Ladbrook Insurance.
Broker hails ‘financial firepower’ and ‘skillsets’ of PE partner after selling minority stake
Berry Palmer & Lyle, the specialist credit and political risk insurance broker, has announced today that it has secured investment from private equity firm Preservation Capital Partners.
H.W. Wood rebrands to HWS Specialty after sale to Steadfast
London-headquartered specialist wholesale broker H.W. Wood has rebranded to HWS Specialty after being snapped up by Steadfast Group.
Blog: Starting gun fired on JMG deal
The question isn’t so much who would want JMG – because frankly who wouldn’t – as what type of deal is coming? Emmanuel Kenning ponders the options.
Howden buys Scottish broker
Howden Scotland has bought Edinburgh-based SKB Independent Insurance Brokers.
Bspoke buys insurtech Arma Karma
Bspoke Group has bought Colchester-based monthly insurance subscription insurtech Arma Karma.
Ardonagh Advisory opens 2025 M&A account with Anderson & Co
Ardonagh Advisory has snapped up Blackpool-based Anderson & Co (Insurance Brokers), kicking off its buying for 2025.
Private equity firm takes minority stake in Seventeen Group
European mid-market private equity firm IK Partners has signed up to take a minority stake in Seventeen Group, marking its entry into the UK insurance market.
M&A market will be busy but less frenzied in 2025, says Ardonagh boss Bayles
Ardonagh Advisory leader Phil Bayles has hailed reaching the goal of 12 deals in 2024 and indicated around a further six this year.
Direct Line shareholders sign off on Aviva takeover
Shareholders of Direct Line Group have given overwhelming backing to the Aviva takeover by voting in favour of the proposal at its annual general meeting.
PIB CEO hails ‘milestone’ as it buys MGA
PIB Group has acquired specialist litigation insurance managing general agent Litica.
Gallagher deal for AssuredPartners delayed by request for more information
Broking giant Arthur J. Gallagher now expects to complete the acquisition of AssuredPartners in the second half of 2025, after it received a request from the US antitrust agency for additional information.
Brown & Brown buys Edinburgh-based MGA
Brown & Brown Europe has bought niche construction sector property and complex liability programmes specialist Premier Commercial.