Mergers & acquisitions (M&A)
Finch and ICB mull rebrand options and confirm merging date
Verlingue bought ICB at the start of August.
Bruce Stevenson buys Youngson Insurance Consultants
The deal adds around £2.5m in GWP to the Scottish broker’s numbers.
Hine Insurance Brokers buys W Brian Wilson & Son
Specialist church and charity broker brings £1m of GWP to Hine.
GRP-owned County Group buys Rahon Insurance
The deal is the broker's second since being bought by GRP.
Podcast: The top five stories of the week
Insurance Age's news editor and reporter discuss the top stories for the week commencing 24 September.
Quizzical questions: 28 September 2018
Test your knowledge of the week's news with our topical quiz.
Management and integration key to Ardonagh success with Swinton, say experts
The £165m price tag seen as fair after initial estimates went as high as £450m.
Ross hails Swinton's "significant transformation" as he rules out more retail buys
CEO says Swinton deal took a year to complete as Ardonagh confirms that Autonet MD Ian Donaldson has been involved in negotiations.
Covéa to focus on underwriting after Swinton sale
Personal lines broker being sold to Ardonagh for £165m.
Ardonagh pledges to keep the Swinton brand
Janice Deakin to be in charge of Ardonagh’s personal lines business following £165m deal as Swinton hailed the "missing piece" in the group's personal lines offering.
Ardonagh buys Swinton for £165m
Deal for personal lines specialist adds over one million customers to the group.
Aston Lark buys Pharos Insurance Brokers
Third deal of the year adds £8m of GWP to group as Blanc targets two more acquisitions in 2018.
Podcast: Allianz’s Sarah Mallaby gives her view on five stories from the week
Mallaby discusses Marsh’s takeover of JLT, cyber issues in the market and insurance fraud.
Quizzical questions: 21 September 2018
Test your knowledge of the week's news with our topical quiz.
MMC confirms up to 3,750 jobs in danger from JLT takeover
MMC expects a headcount reduction of 2-5% of its total workforce.
MMC boss Dan Glaser lifts the lid on the 11 day JLT deal
The combined group has $17bn of revenue and 75,000 staff.
Brokers see opportunity in MMC’s JLT takeover
Experts question the value of the deal.
Marsh & McLennan buys JLT in $5.6bn deal
Deal expected to close in spring 2019.
Broking Break - Your Top Five
Deals, management exits and FCA guidance were among the top five most clicked on stories by brokers this week.
Dixons completes MBO backed by Ataraxia
Deal puts succession plan in place at the broker, while Ataraxia takes minority stake in the business.
Quizzical questions: 14 September 2018
Test your knowledge of the week's news with our topical quiz.
GRP buys U-Sure
Tenth deal this year for consolidator and 34th in total.
China Re buys Chaucer Group for $950m
Previous owner Hanover appointed Goldman Sachs earlier this year to explore options.
PIB backers in $6.7bn Sedgwick deal
The Carlyle Group becomes majority investor in claims firm.