Mergers & acquisitions (M&A)
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.
GRP invests in Green Insurance as MVP exits
Broker teams up with Peter Cullum-backed vehicle having sold minority stake to Cullum-backed MVP in 2014.
Qatar Re makes £500m takeover bid for Sabre, reports
BC Partners is looking to sell the motor insurer.
Broking Break: Your top five of the week
Redundancies, acquisitions, Brexit moves, debt and pulling products top this week’s most clicked on stories.
Insurance Linx buys Leicester-based broker
New purchase is broker's eighth acquisition.
Greenwood Insurances and Moreland Insurance Brokers merge
Scottish businesses to keep both brands and offices.
News analysis: Towergate investors to create insurance giant
Market reacts to HPS and MDP plans to amalgamate their UK insurance investments – including Towergate, Autonet, Chase Templeton, Direct Group and Price Forbes – into one group
Sabre tipped for £600m stock market float
The motor insurer is being sold by majority owner BC Partners, according to reports.
Covea GWP hits £666.3m
Insurer says it overcame Ogden headwind and expects growth to continue with Sterling deal reflected in increased GWP.
Broking Break: Your Top 5
A recap of the stories that grabbed your attention this week featuring LV and its secret discussions with insurers, Lloyd's on redundancies and Markerstudy's hints on buying.
Blog: Allianz and LV, a tie-up that could turn others green with envy?
Insurance Age content director Jonathan Swift picks through the potential of an Allianz - LV tie up to look at how both businesses might mutually benefit.
Blog: Swinton - from high street hero to high street heartbreak
Insurance Age content director Jonathan Swift reflects on Swinton's latest branch closures and puts it in some historical perspective
LV confirms approaches for its general insurance unit
LV says that discussions are at a very early stage but no decisions have been made as to the nature of any transaction.
Allianz and LV decline to comment on potential stake sale report
Story suggests Allianz has made an approach to the mutual business.
Broking Break: Your top five of the week
Takeovers have once again come to the fore in this week’s news with two stories in the top five.
Broker Network-backed Finch Group buys Taylor Beaumont
The Broker Network regional partner bought the Southampton-based business for an undisclosed sum.
Towergate-backers buy Chase Templeton
Broker says deal will allow it to continue buy-and-build strategy.
News analysis: Open GI promises “something truly new” to the market after Transactor deal
Market reacts as software house buys rival and promises investment in technology
Broker Network buys Boyd Insurance
The network plans to take Boyd’s GWP from £12m to £20m in three years and called the broker a regional powerhouse.
Broking Break: Your top five of the week
It has been a week of finance related stories with two high profile acquisitions and three sets of company accounts making up the top five.