Mergers & acquisitions (M&A)
Allianz and LV announce deal to create £1.7bn personal lines insurer
Allianz is set to pay LV £500m for a 49% stake in the business as a first step but will move to own 69.9% long term paying £713m in total.
LV in talks with Allianz on GI stake sale
Provider confirms advanced talks with Allianz on "significant minority stake" in the business.
In Person: Towergate Advisory's Joe Thelwell
The CEO of Towergate Advisory reveals how the business has transformed and talks about his broking roots
The Blog Spot: Consolidation and the independent broker
In a new wave of consolidation, what will happen to the small independent broker?
Broker Network posts rise in revenue after "extraordinary year"
CEO Andy Fairchild outlines the network’s strategy and talks about acquisition plans and the growth of independent brokers.
PIB buys Franklands Insurance
The deal was for an undisclosed sum and Franklands MD David Harrison will remain as leader of the business.
Nexus buys trade credit MGA Equinox
Current management team to stay on following the deal.
Quizzical questions: 14 July 2017
Test your knowledge of the week's news with our topical quiz.
Higos buys South West broker Colin Fear
The deal is part of Higos-owner GRP's strategy to develop regional hubs.
Markerstudy's Gary Humphreys on provider's strategy following capital injection
Insurer set to make acquisitions and launch a pay-as-you-go solution.
GRP-backed Green Insurance buys Collidge & Partners
Broker says deal will help build GRP's regional hub in the South East.
Thomas Carroll primed for acquisitions
Rhys Thomas puts profit growth down to a software house change, high retention rates and more new business as he insists the firm is not for sale.
Axis buys Novae for £468m
The board of the Lloyd's insurer to "unanimously recommend" the offer.
Merged Lark and Aston Scott to pursue further consolidation
Peter Blanc says management structure of the merged businesses is yet to be decided as he reveals more deals are in the pipeline.
Aston Scott and Lark merger has strengthened specialisms, says Blanc
Peter Blanc lists HNW, renovation and motor trade as key strengths of the newly-merged organisation.
Aston Scott and Lark Group to merge
Bowmark Capital largest shareholder as new company is set up to buy both brokers.
Nexus confirms plans for two more acquisitions with further to come
Firm describes MGA market as "red hot" for new starts and potential investor interest as it buys Vectura Underwriting.
Acturis buys German-based Lutronik
Broker software company is located in Wesel.
Broking Break: Your top five of the week
Job losses at Lloyd’s, an acquisition, Apple’s cyber insurance plans, company results and rebrand head this week’s list of stories.
Nexus buys marine cargo MGA from Aquila
The business has now moved to Nexus’ headquarters in Leadenhall Street.
Ryan Direct Group eyes acquisitions as it rebrands after takeover
Company was bought by Towergate owners earlier this year.
Finch targets more than doubling revenue by 2020
The broker is seeking organic and acquisitiion growth but according to Mike Latham there is no deal currently on the table.
Towergate backers complete £800m fund raising
Chase Templeton and Direct Group purchases also completed.
Broking Break: Your top five of the week
A new Justice Secretary, advice on ruthlessness, the Ogden impact, an acquisition and a restructure top this week’s charts.