Mergers & acquisitions (M&A)
Bain Capital to buy Esure for £1.2bn
Esure also reported a 12% rise in GWP, but a fall in profit for the first half of 2018.
Broker Network buys North West broker
The business will act at Broker Network’s seventh “regional powerhouse”.
Lickens reveals “race against time” in John Ansell deal
The Clear Group CEO says the business was on the clock when it bought John Ansell following ECI investment.
Commercial business switch from LV to Allianz begins on Monday
Boss Jon Dye silent on future potential acquisition targets.
Podcast: The top five stories of the week
Emmanuel Kenning and Jonathan Swift share their views on the most clicked on articles by brokers.
Operating profit rises at Allianz as COR improves in first half of 2018
GWP flat as business transfers to LV.
No consolidation spree for Verlingue after ICB deal
Finch and ICB bosses hail “fabulous” opportunity for like-minded businesses.
The Blog Spot: What might a Fosun move for Ageas mean for the UK?
Jonathan Swift ponders how a potential sale of Ageas could work as the rumour mill shouts ever louder about the insurer being on the market.
Co-op Insurance for sale – reports
The insurer is said to be on the market for £300m.
Lonmar and Ropner merge
Brands to be kept in new combined operation.
ICB Group joins Verlingue
Addition triples Verlingue’s size in UK market.
Aston Lark buys Michael James
The Maidstone-based business specialises in the care sector and real estate and is the second deal this year for Aston Lark.
GRP takes majority stake in Chesterfield-based DCJ
Management team and staff to remain with the broker, which has its sights set on making its own deals.
Jelf bought Clark Thomson for £23.3m cash
Company results also showed £5.6m of deferred costs payable if performance criteria are met.
Chinese company circles Ageas – reports
Fosun is said to be interested in buying some or all of the Belgian insurer.
GRP’s County Group buys Guardian in "first of many" deals
The deal sees County take a major stake in the business and was for an undisclosed sum.
Clear secures refinancing deal with ECI Partners
Broker to use new funds to make acquisitions and invest in people, technology and innovation.
SEIB looking for more deals after Equicover book buy
Broker added £250,000 of GWP to portfolio.
Quizzical questions: 20 July 2018
Test your knowledge of the week's news with our topical quiz.
MVP the “ideal partner” for Ataraxia, says Stuart Randall
Former CEO has no plans for what comes next after 44 years in insurance.
MVP snaps up stake in Ataraxia as Stuart Randall exits
Ataraxia cites increased growth prospects and sale options for brokers as benefits of the deal.
Prizm buys Keeley's GI division
Charity specialist brings £1.5m of GWP to the broker.
Quizzical questions: 13 July 2018
Test your knowledge of the week's news with our topical quiz.
Broking Break: Your top 5
The most clicked articles by brokers this week included a court case decision, Covéa office closures, two stories about Axa and an opinion piece on MGAs.