CEO Alan Inskip explains how the firm has changed since its MBO in 2018 and what lies ahead.
PE firm takes a 30% stake in the specialist marine broker.
Broker is creating 300 new roles as it targets a GWP of £300m by the end of the year.
Owner Preservation Capital Partners combined the two MGAs after buying US firm Cove earlier this year.
Liverpool-based Granite, which sits behind Acorn, is set to expand following funding deal with Inflexion Private Equity earlier this year.
As Marsh rebrands Jelf, Insurance Age content director Jonathan Swift reflects on the passing of another name heavily associated with noughties broker consolidation
The private equity provider is now majority owner of the broker.
Trak Global Group reveals Three Hills Capital Partners will invest over £40m for a minority stake in the firm.
It is believed that the consolidator is seeking fresh investment that could see current investors, including Peter Cullum, have their stake diluted as backer Penta reaches the end of its traditional investment period.
The recently re-financed business is aiming to find a longer-term backer in 2021.
Partner Oliver Bevan discusses the private equity firm’s plans for the insurance sector following its investments in Acquis and Kingsbridge
Hastings relationship key to the deal.
Group CEO Peter Blanc says the transaction, which is believed to be worth around £320m, will secure the broker's independence for the foreseeable future.
The long-rumoured deal is believed to be set to conclude in the next few days.
The move follows Dunedin’s 2016 investment in Kingsbridge.
Siân Barton and Aara Syed discuss the most popular stories on Insurance Age this week.
CEO Peter Blanc says broker will remain independent as bids from three private equity firms have been received.
Private equity owner Aquiline has completed a strategic review of the business.
New backer replaces former investor Summit Partners and follows Insurance Age revealing last month that the software house was seeking fresh investment.
Summit Partners invested in June 2010.
Bob Darling says organic growth continues as demand for advice remains strong.
The business, currently funded by Bowmark Capital, is seeking additional investment to secure its longer term acquisition pipeline.
The business is not looking to buy following investment from Inflexion.
Granite, which sits behind Acorn Insurance, specialises in niche motor cover.