Private equity (PE)
Applied Systems not looking to buy Open GI
Sources say Applied backed by private equity firm Hellman & Friedman did consider making a bid.
Open GI sale predicted for this year
Industry expects another private equity backer.
In Person: Konsileo CEO and co-founder John Warburton
Having secured £2.7m Series A funding from Committed Capital, Konsileo co-founder and CEO John Warburton tells Jonathan Swift how taking offence at consolidation and a digital role in Munich led him to start-up his own InsurTech broker
Insurtech start-up Konsileo secures £2.7m in funding
John Warburton's InsurTech start-up Konsileo is targeting 25 brokers after receiving funding.
Magenta invests in Iprism founder Gary Burke's MGU
New backer to "support rapid growth" of the managing general underwriter.
Double digit profit growth at Miles Smith in 2017
All divisions report rises in turnover.
Canopius completes exit from Sompo Holdings
The £737m deal for the Lloyd’s insurer was first announced last September.
No “for sale” sign up at Clear, says Howard Lickens
Broker CEO investigating funding options as he looks to double the business.
AllClear sells majority stake to Synova Capital
Travel broker appoints Chris Rolland as CEO and reveals plans to hire 30 new staff.
Tempcover targeting growth in “perfect storm” of increasing demand
Broker to spend on advertising, staff, IT and potentially acquisitions after private equity-backed MBO deal.
Paul Chainey aiming to double Miles Smith turnover after private equity deal
CEO confident of hitting five-year target.
Tempcover completes £13.3m MBO
Deal backed by private equity firm Connection Capital.
Private equity buys majority stake in Miles Smith as MS Amlin exits
Broker has over 220 staff and annual GWP of £170m.
GRP lining up deals with £200m of new funding
Chief operating officer Stephen Ross explains losses for 2017.
Merger with Wilsons a "fantastic fit", says Bollington's Chris Patterson
The group managing director outlines the firm's growth plans and discusses future acquisitions.
Bollington merges with Wilsons Insurance Brokers
Deal follows investment by private equity firm Inflexion.
Preservation Capital Partners invests in Ascent Underwriting
Private equity firm to provide capital for growth plans including acquisitions.
Profile: On the acquisition trail
With consolidation firmly on the agenda in the broking sector, Ida Axling talks to seven experts in the industry on the opportunities and perils
Ceta to develop IT platform following MBO
New CEO John Bibby outlines the broker's plans for the future.
Ceta completes MBO
Existing shareholders set to retire from the business as John Bibby takes on chief executive role and Swiftcover's Andrew Blowers becomes chair.
Aston Scott and Lark confirm new management structure
Appointments follow the completion of the merger of the two brokers.
Sompo Canopius sold to private equity for $952m
Canopius will be led by current executive chairman Michael Watson and chief underwriting officer Mike Duffy.
Rural Insurance MD Ian Barclay resigns
Boss had been with the Primary-owned firm since 2014.
Aston Scott and Lark Group to merge
Bowmark Capital largest shareholder as new company is set up to buy both brokers.