Broker
Lycetts returns to profit in 2019
Broker reveals it recently undertook a strategic restructure, creating a single insurance division, and completed a deal for broker Robertson-McIsaac.
GRP-owned County buys CJN Insurance Services
Broker states it has a number of deals in due diligence and expects to add to its portfolio soon.
UK Broker Awards – Meet the shortlist – The Achievement Award
The trophy goes to the person who has done the most to support and elevate the broker community during their career.
CMA orders Ardonagh to keep Bennetts separate as deal completes
Ardonagh’s £26m purchase of the motorcycle specialist approved by the FCA, but the ongoing CMA inquiry looking at how the transaction impacts competition in the market continues.
Aston Lark consolidates Lloyd's presence with broker buy
The firm has purchased Incepta for an undisclosed sum.
UK Broker Awards – Meet the Shortlist – Commercial Lines Broker of the Year
The lifeblood of brokers is SME business. This award picks out the best of the bunch when it comes to serving commercial clients.
Aviva UK numbers a product of Covid-19
UK COR hit 106.3% for the first half of 2020 as GI CEO Colm Holmes points to a strong underlying performance despite the business remaining in cost-cutting mode.
Abbey and Autoline to merge into single brand
Northern Irish brokers to begin trading as AbbeyAutoline from 1 September
Bennett Christmas buys Sennet Insurance Services
Bennett Christmas is part of the Ethos broker stable and adds the professional indemnity specialist to its portfolio.
WTW and Aon address five lawsuits amid deal transaction
The two broking giants describe the legal actions as “without merit”.
Biba develops mental health service
Head Lines: The trade body has teamed up with Mental Health in Business to offer the facility to members
Blanc to focus on UK, Ireland and Canada to intensify Aviva growth
The CEO said that as part of this there may be some market withdrawals and “difficult” decisions as she reaffirms Aviva’s commitment to brokers as UK COR soars amid Covid-19.
UK Broker Awards – Meet the Shortlist – Customer Service Award
Meet the impressive brokers who make up the shortlist in one of the most competitive categories at the UK Broker Awards.
PIB buys Rigton Insurance
Acquisition of Leeds-based broker follows hot on the heels of deals for UKinsuranceNET and Marx Re-Insurance Brokers
Hastings bought by Finnish/South African consortium
The deal values Hastings at around £1.66bn as the provider also publishes half year results.
UK Broker Awards – Meet the Shortlist – Training Award
Meet all of the finalists competing for the Training trophy at the UK Broker Awards.
GRP buys seven business books from Aon
The deal includes a large portfolio in Northern Ireland.
AA confirms offer talks amid refinancing
The group is meeting with Centerbridge Partners Europe, LLP alongside Towerbrook Capital Partners UK, Platinum Equity Advisors and Warburg Pincus International as it flags £2.65bn of debt.
People Moves: Round-up 3 - 7 August 2020
Keep up to date with the latest people moves.
UK Broker Awards – Meet the Shortlist – Broker of the Year
Broker of the year goes to the best of the best and this year is sponsored by Markerstudy.
Aston Lark buys PHM
The deal adds around £4m in GWP and sees Aston Lark push further into employee benefits.
Lloyd's commits to female representation target
Market also launches Culture Dashboard and is set to undertake a second annual survey in October following heavy criticism of its culture in 2019.
BI court case judges aiming for draft judgment in mid-September
Lord Justice Flaux has confirmed the middle of September as the target date for a draft judgment in the business interruption court case brought by the Financial Conduct Authority against UK insurers.
Pen increases solicitors’ PI capacity to more than £100m
The backing comes from A-rated capacity and lasts for three years.