Mergers & acquisitions (M&A)
Aston Lark buys Ingram Hawkins and Nock
Deal is the broker's first since the merger of Aston Scott and Lark in June 2017.
Double digit profit growth at Miles Smith in 2017
All divisions report rises in turnover.
Aviva targets medium sized SMEs
Aviva's Phil Bayles, MD of UK intermediaries, says insurer is in a good position compared to some of its competitors.
Saffron buys again with Continuum
Broker bought Grove Insurance last week.
Broking Break: Your Top 5
Axa buying XL dominated the headlines taking up two slots in the top five most read. However there was plenty more going on with an insurer going into liquidation, profits rising at Aviva and advice for brokers on GDPR.
Saffron buys Grove Insurance Services
Deal follows Broker Network's purchase of Saffron in January.
Canopius completes exit from Sompo Holdings
The £737m deal for the Lloyd’s insurer was first announced last September.
Aviva posts UK profit rise for 2017 as COR improves to 93.9%
Group CEO Mark Wilson says provider is targeting bolt-on acquisitions in 2018.
The Blog Spot: Lifting the lid on optimism with Allianz, XL and Axa
Emmanuel Kenning looks at two conflicting stories as brokers frown and smile about the future.
Brokers upbeat for growth after “massive” XL and Axa deal
Market pleased that XL has “gone to a good home” and confident of new opportunities.
Axa to buy XL for $15bn
Deal subject to shareholder approval and expected to complete in the second half of 2018.
Turnover dips but profit stable at Open GI in 2017
Software specialists increase R&D spend.
Quizzical questions: 2 March 2018
Test your knowledge of the week's news with our topical quiz.
Brendan McManus promises no pause to buying after Lorica deal
CEO says PIB will maintain focus on businesses with specialities.
Chartwell Healthcare bought by JLT
Broker Chartwell serves the UK SME sector and the deal takes GWP for JLT’s health and employee benefits divisions to £200m.
Towergate and Broker Network owners HPS and MDP buy Compass
Compass sells after its 2016 MBO from Arthur J Gallagher.
Clear buys Genavco Insurance
Broker now handles over £115m in premiums.
JLT targets bolt-on acquisitions
Deputy group CEO Drummond Brady hails “very strong set of results” for 2017 as broker posts 35% pre-tax profit rise.
Ataraxia takes stake in Glowsure
The broker now plans to grow through local acquisition.
No “for sale” sign up at Clear, says Howard Lickens
Broker CEO investigating funding options as he looks to double the business.
Quizzical questions: 23 February 2018
Test your knowledge of the week's news with our topical quiz.
Seventeen expands in Scotland with two deals
Move follows the broker's purchase of Rupert Burgoyne earlier this week.
Jon Dye brands 2017 as “landmark” year for Allianz in UK
Ogden change cost reaches £80m at the insurer.
Seventeen Group buys Rupert Burgoyne
Broker to keep staff and premises as it rebrands as Hallam Burgoyne.