Private equity (PE)
Atec owner reveals divisional growth in first results
Both broker Ceta and managing general agent Arkel grew by double digit amounts in the first year of being owned by private equity house Perwyn, a filing at Companies House has revealed.
Analysis: Does Intact’s investment in UKGI signal a new era of insurer broker buys?
In 2025 the parent company of Top 100 UK broker Adler Fairways secured financial backing from Intact Financial Corporation. Insurer investments in brokers are nothing new, but the trend over the last decade has been divestments which raise the big…
D&O, employee benefits and key man cover top list as brokers optimistic on growth
Brokers have ranked D&O, employee benefits and key man cover as the top areas most likely to grow in the coming 12 months as they expressed near unanimous optimism about their businesses and the sector.
JMG eyes £1bn GWP as it hits £500m
JMG Group has achieved £500m gross written premium during the financial year, setting it sights on hitting £1bn GWP within five years.
WF Risks eyes new branches as CEO bemoans lack of M&A opportunities
WF Risk Group has established a new office in Edinburgh under the sub-brand ‘WF Risk Insurance Brokers’ and is looking at other prospective launches across UK and Ireland headed by further senior hires.
PE backed platform looks to regional broker M&A after authorisation
Ascend Insurance Holdings has received FCA authorisation and entered the UK market to provide an “alternative solution” to regional insurance brokers.
BDH owner reveals growing losses and turnover in 2025
Salinas Topco, the holding company for Top 100 UK broker BDH, has posted rising turnover in the last financial year and losses reaching £11m.
JMG eyes Midlands and SW M&A push as it hires new regional boss
JMG Group has strengthened its leadership with appointment of Alan Percival as its first regional managing director for the Midlands and South West.
Granite moving onto broker software houses
Niche and non-standard motor specialist Granite Underwriting will be rolling out products on at least one software house this year, managing director Alistair Rose told Insurance Age.
Bexhill report shines spotlight on broker ownership
Premium finance lender Bexhill UK has crunched the numbers on the broking sector, with CEO Ravi Takhar warning that truly independent owner-managed regional brokers are slowly becoming ‘a thing of the past’, Insurance Age can reveal.
Ex-Howden boss heads team of 14 at new cyber broker
Sodalis Capital, the recently created investment venture focused on international insurance intermediaries, has launched its first broking start-up in Brecon Specialty.
Open GI parent trims losses in year of Ares deal
Open GI’s parent company, OM Bidco, cut operating and post-tax losses in the year Ares Management bought the business, a filing at Companies House has revealed.
Policy Expert recruits from PIB for new COO to replace co-founder Powell
Personal lines specialist Policy Expert has appointed Richard Kirby as chief operating officer to support what it has described as “its next phase of growth”.
Bermuda insurer invests in MGA consolidator
The owner of UK MGAs Avid and Landmark, Bishop Street Underwriters, has announced that it has completed a strategic structured capital investment of $125m (£93m) by White Mountains Insurance Group.
Interview: Accelerant boss Radke on seeking broker input to help sector unlock value
“We would love an opportunity to start a dialogue with a number of UK brokers,” Accelerant Risk Exchange CEO Jeff Radke has told Insurance Age stressing the platform is not just looking towards “big, giant” brokers.
AIG completes deal for Convex minority stake
AIG has completed the acquisitions of strategic minority ownership stakes in specialty insurer and reinsurer Convex Group and global asset manager Onex Corporation.
Cullum and McCaffrey on Minority Broker Partnerships’ aim to hit £100m GWP by end of 2026
Launched without much fanfare, Minority Broker Partnerships reunites Peter Cullum and James McCaffrey into the intermediary investment space. However, as the pair tell Jonathan Swift the market has changed since their last attempt - with younger brokers…
Prestige CEO hails ‘landmark’ AUB deal
“Partnering with AUB Group gives us an exceptional platform to accelerate our growth, invest further in our people and services, and expand our presence across our current markets, while retaining the independence and culture that have been central to…
Inflexion and Ascend look to build ‘home where best brokers want to be’
Dominic Clark, investment director at Inflexion has targeted building the home the best brokers want to join, after buying Ascend Broking Group.
PE house Inflexion to invest £200m in new broker M&A platform
Inflexion, a European mid-market private equity firm, has launched an insurance broker platform looking to deploy £200m in M&A investment over the next four to five years, beginning with acquiring Ascend Broking Group.
Seventeen Group boosted turnover but losses widened in run-up to PE investment
Seventeen Group grew turnover by 16.4% to £52.76m in 2024 helped by 11 acquisitions however the cost of the deals hit the bottom line.