Private equity (PE)
Saga announces £150m equity capital raise
Former owner and CEO, Sir Roger De Haan, is expected to invest up to £100m in the business as he returns to the board as non-executive chairman.
Deadline extended for AA takeover talks
The three potential buyers have an additional four weeks to make a bid for the AA as the motor specialist says discussions are progressing.
GRP reveals management changes
Stuart Grieb joins the consolidator as regional managing director for the South, while Chris Haggart moves to take on wider responsibilities across GRP's retail division.
Ex-Kwik Fit and Sure Thing! boss Devine joins Ceta-owner Atec Group as CEO
He replaces John Bibby, who has stepped down from the business but remains a shareholder.
Jensten Group buys PI broker in second lockdown deal
HTC Associates, based in Derbyshire, brings around £5m in GWP to Jensten.
Ardonagh completes £2bn debt raise and deals for Bravo Group and Arachas
The move, announced in June, brings Broker Network back into the fold as Ardonagh confirms £300m war chest to fund future deals.
Jensten Group replace CEO Darling with Cega's Hardie
Cega Group chief executive Alistair Hardie is to replace Bob Darling as CEO of Jensten Group, the broker has announced.
GRP moves into health insurance sector with new deal
Towcester-based broker Premier Choice Healthcare becomes consolidator's healthcare hub.
The Blog Spot: Ardonagh and Broker Network - will this lockdown family reunion have a happy ending?
With Broker Network returning to the fold, Insurance Age content director Jonathan Swift reflects on why Ardonagh Group is looking Back to the Future as its plots post pandemic growth.
Jensten Group-funder makes Ireland move
Livingbridge has taken a stake in independent personal lines broker Chill Insurance.
GRP to close "a number of deals" within weeks
Group CEO Mike Bruce on the Searchlight deal, expansion plans and how the firm's M&A activity is "gaining momentum".
Searchlight completes GRP deal
The move, which was first announced in February, sees founders Peter Cullum and David Margrett retain a minority stake in the business as Mike Bruce becomes group chief executive.
Ex-Markerstudy/Brightside boss Bence among senior hires at Complete Cover
Personal lines broking group Complete Cover has bolstered its management team with a quartet new hires including former Markerstudy and Brightside boss Russell Bence.
Q&A: Open GI group CEO Simon Badley
Almost a year into the role as group CEO of Open GI, Simon Badley sat down with Insurance Age content director Jonathan Swift to talk about how he plans to build on existing foundations to make the software house the technology 'partner of choice' for…
Insurance Covid-Cast episode 12: Newsmaker special with Partners& CEO Phil Barton and chair Stuart Reid
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the latest in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Insurance Covid-Cast episode 10: Newsmaker special with Bought By Many CEO Steven Mendel
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the first in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Covid-19: Broker M&A numbers predicted to drop
But the consolidators say their models have not changed as a result of the coronavirus.
Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer
This week saw the launch of new broking business Partners&, bringing together a quintet of players to form a business which is positioning itself as distinctly anti-consolidator. Insurance Age content director Jonathan Swift looks at what this means; and…
Sir Peter Wood steps down from Esure
Wood founded the business in 1999 and sold a majority stake to Bain Capital in 2018.
Vantage-owner NSM buys Kingsbridge
Deal sees private equity firm Dunedin exit the specialist broker.
Miles Smith owner SRG planning several more deals this year
Exclusive: Group CEO Warren Downey, who joined from JLT last year, outlined the firm's M&A plans.
Consolidators behind half of broker deals in 2019
Exclusive: Research from Mazars shows 83% of brokers feel that the current levels of consolidation are sustainable.
David Ross, CEO of Ardonagh Group - Taking on the world
Profile: David Ross, Ardonagh CEO, tells Insurance Age why he’s a lucky man and reveals his hopes for the group as he puts the challenges of the past five years behind him
GRP retains hub focus following Searchlight deal
The investment will help GRP continue to buy UK brokers according to newly promoted Mike Bruce.