Broker
Howden buys superyacht broker STA Group
The business will become part of Howden and rebrand as Howden Sturge.
In-depth - technology: Future disruption
Sam Barrett explores how brokers could benefit from disruption in the insurance market caused by the rise of insurtechs and the possible entry of one of the big tech firms
Broking success: Doing the deals
Heath Crawford and Foster managing director Paul Weinberg tells Insurance Age how the broker has coped with the Covid crisis and reveals why he is chasing more acquisitions
Consolidation of the consolidators next step as broker M&A targets reduce
IMAS director John Nisbet discusses how consolidators can continue to grow and warns that private equity backers could move on from the sector as a result of a “diminishing opportunity” in the broking market.
SRG adds MGA CLS Risk Solutions to stable
It is the fourth deal this year for Specialist Risk Group and adds £30m in GWP to the business.
PIB buys Staffordshire broker in second deal of 2021
Element Hinton specialises in construction, waste, engineering and leisure and the deal follows investment into PIB by Apax Partners.
Brightside sold to Markerstudy seven years after collapse of initial deal
Markerstudy finally gets its hands on the specialist personal lines broker after being rejected for undervaluing the broker in 2013.
Blog: The 'honest' Budget
PKF Littlejohn's Chris Riley considers some of the wider implications of this week's Budget and flags that Capital Gains Tax remains a target despite staying unchanged for now.
In-depth - technology: The emergence of broker tech
New technologies, such as telematics, apps and big data are changing the way brokers work and clients buy insurance. Sam Barrett looks at how the industry is keeping pace with the the tech
Third deal in a week for Aston Lark
Bristol-based broker Venture Insurance has joined the Peter Blanc-led business.
Profit and turnover up for Admiral Group
Profit before tax was driven by strong reserve releases and lower claims frequency.
Opinion: The broker beauty parade
Morphose Capital Partners’ Nick Atherton reveals how brokers can make the most of a post-pandemic uptick in M&A activity
MGA Generation Underwriting signs capacity deal
The deal doubles property capacity for the MGA which is part of broker Willis IRM.
JM Glendinning buys Staffordshire broker
JM Glendinning has acquired specialist insurance services firm Nowell & Richards for an undisclosed sum.
Aston Lark buys Magenta Insurance
The MGA is chartered and based in East Anglia.
IPT remains at 12%
The Budget swerves IPT rise and Entrepreneurs’ Relief escapes for now but Corporation Tax increases to 25%.
GRP’s Newstead buys local broker
GRP purchased Birmingham-based Newstead in January this year and described it as a “flag in the ground” in the city as it seeks to build its presence.
Opinion: Fees but not as we’ve known them
Biba’s Steve White considers if regulators have gone too far in terms of the fees and levies they are asking for from insurance brokers
News analysis: Are we heading for an underinsurance crisis?
Difficult conversations on horizon for brokers as SMEs seek to cut costs amid economic uncertainty due to business squeeze from Covid, Brexit and harder market
People Moves: 1 - 5 March 2021
Stay up-to-date with the latest personnel changes in insurance.
Insurance Age Digital Edition: March: Technology at hand
The latest issue of Insurance Age is digital only due to the most recent lockdown.
Aston Lark snaps up Scottish broker
Bruce Stevenson has been bought for an undisclosed sum and CEO Edward Bruce will now lead Aston Lark’s operations in Scotland.
Inflexion reveals fresh broker investment following Bollington sale
PE firm backs DR&P Group with intention to support the broker to grow organically and through acquisition.
Pressure mounts on government to underwrite live events
Broker-led group pushes for more support as March deadline for festivals to get insurance looms.