Jardine Lloyd Thompson (JLT) Group has bought Iimia Wealth Management from Midas Capital for £7.25m in cash. The announcement follows news of talks originally reported on broking.co.uk in December.
Cullum Capital Ventures (CCV) today announces the acquisition of AC Insurance Services marking its first of the New Year and its 49th since it started trading in June 2006
Paul Kelsey, MD of Citymain Group, said the move would stand the company in good stead for the future
Mark Winlow, UK head of general insurance at KPMG, says new personalities will change the character of the market in 2010
It follows the acquisition of ORS in February 2009
Deal marks CCV's 11th acquisition of 2009
The move is announced as board undergoes restructure
Markerstudy Holdings has bought Zenith Insurance
Marsh has also entered into a preferred strategic partnership with HSBC
Marsh has been linked with buying HSBC Insurance Brokers.
Jardine Lloyd Thompson Group is in talks to buy the Iimia Wealth Management division from Midas Capital.
Michael Rea, CCV chief, aiming for £500m GWP
The company's new chief executive, Michael Rea, said it has a healthy pipeline of business at the due diligence stage
ProAktive Risk Group has opened a new Sheffield office after selling Rixon Matthews Appleyard to Towergate Risk Solutions
Purchase of Southern Insurance Consultants increases Clear's clout in the South east
The broker has claimed that the soft market was fuelling mergers and acquisitions
Edward Murray explains the options available for those thinking of selling up and how to plan for some of the more worrying issues that the process brings up.
Aberdeen-based broker buys insurance book of Campbell & McConnachie
Despite the recession, brokers both large and small are still seeking to consolidate their market positions, writes Andrew Tjaardstra.