Mergers & acquisitions (M&A)
Seventeen Group buys Rupert Burgoyne
Broker to keep staff and premises as it rebrands as Hallam Burgoyne.
Clear buys Robert Alexander
Broker’s premium grows to over £100m.
Quizzical questions: 16 February 2018
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ProAktive bosses complete £2m MBO
Founder Jon Whiteley stays with firm but steps down from day to day management.
Nexus Group buys MGA Apsley Specialty
Nexus says deal expands its directors and officers and financial institutions offering which it wants to grow to £35m of GWP by 2020.
Allianz looks at buying XL Group - report
Insurer wants to grow its US property & casualty business, according to Bloomberg.
GRP wants Camberford to buy
GRP’s Stephen Ross said Camberford Law has targets in mind as he also seeks to expand the MGA’s wholesale capabilities.
GRP buys Camberford Law
Insurance Age has learned that the deal sees MD David Ottewill leave the wholesale specialist.
Quizzical questions: 2 February 2018
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Aston Scott Group reveals final set of results before Lark merger
Profits are up at the consolidator as it looks to make more acquisitions.
News analysis: Full speed ahead for Markerstudy as broker community welcomes buyout
Qatar Reinsurance takeover confers an A-rating for the new MGA
GRP buys agricultural specialist Country & Commercial Insurance Brokers
Deal includes oversight of FAB network.
Composite buys General Legal Protection
GLP to keep brand and staff will stay in its office in York led by branch manager André Scruton.
Lark and Aston Scott to rebrand as Aston Lark
Move follows merger in June 2017.
The Burley Group buys Grace Corporate Insurance Services
First deal since refinancing in 2015.
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Marsh Networks partners with Ataraxia for succession planning
Equity release offering available to Marsh ProBroker, Purple Partnership and Bluefin Network members.
Erskine Murray buys Essex-based Asciak Holdaway Merritt
Broker says purchase will enhance its professional indemnity insurance offering.
Nexus considering sale, IPO and further options
Mike Sibthorpe joins as CEO of insurance and reinsurance.
Broker Network buys Saffron Insurance
The organisation said the East Anglian broker is its “fourth regional powerhouse”.
Japanese insurer completes Insure The Box-owner buyout
Provider bought three quarters of the business in 2014.
GRP broking CEO Mike Bruce hails County Group deal
The deal gives Global Risk Partners its first hub in the North West and is the consolidator's biggest acquisition so far.
GRP strikes its biggest deal buying County Group
Global Risk Partners has bought the Crewe-based broker to be its north west regional hub.
AllClear sells majority stake to Synova Capital
Travel broker appoints Chris Rolland as CEO and reveals plans to hire 30 new staff.